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Investor tied to Canadian business magnate extends California retail shopping spree

Jim Pattison Group acquires fully leased grocery-anchored mall near Sacramento
Vancouver-based Jim Pattison Group paid almost $20.3 million for Cordova Village, a 61,000 square foot retail center in Rancho Cordova, California, just outside Sacramento. (CoStar)
Vancouver-based Jim Pattison Group paid almost $20.3 million for Cordova Village, a 61,000 square foot retail center in Rancho Cordova, California, just outside Sacramento. (CoStar)
CoStar News
October 29, 2025 | 9:56 P.M.

A real estate firm tied to a Canadian business magnate bought an outdoor mall in the suburbs of California’s capital city, as grocery-anchored shopping centers continue to outperform other categories.

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News | Investor tied to Canadian business magnate extends California retail shopping spree