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Phillips Edison buys center in Indian Wells, California

Sprouts‑ and CVS‑anchored shopping center was 79% occupied at time of sale
The Village at Indian Wells retail center in Riverside County sold for $30.5 million. (CoStar)
The Village at Indian Wells retail center in Riverside County sold for $30.5 million. (CoStar)
By Aaron Tamblyn with
CoStar Research
February 2, 2026 | 4:23 P.M.

Phillips Edison & Company purchased The Village at Indian Wells retail center from MIG Real Estate for $30.5 million, or about $291 per square foot. The 104,589-square-foot shopping center is at 74895-74995 US Highway 111 in Indian Wells, California.

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News | Phillips Edison buys center in Indian Wells, California