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Lakeshore Village Marketplace Sells for $5.7M

Investor Buys Moreno Valley Shopping Center
February 7, 2018
A local investor acquired the Lakeshore Village Marketplace at 23571-23581 Sunnymead Ranch Pky in Moreno Valley, CA from a private trust for $5.73 million.

The 86,098-square-foot retail center was built in 1993 on 10.3 acres in Riverside County. Included in the sale was 2.3 acres of excess land for future development.

Gene Ventura and Jeff Conover of Faris Lee Investments represented the buyer. Donald MacLellan and Joe Chichester, also with Faris Lee, represented the seller.

Please see CoStar COMPS #4096043 for more information on this transaction.
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