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Fortress Investment Group Venture Seals $151 Million Deal for Package of California Retail Centers

Community Centers Deal Underscores Rebounding Investment Interest in Suburban Retail Properties
Fortress Investment Group and joint venture partner DJM Capital Partners closed on a 22-property package of retail properties scattered across California, including the community center at 12316 Poway Road in Poway. (CoStar)
Fortress Investment Group and joint venture partner DJM Capital Partners closed on a 22-property package of retail properties scattered across California, including the community center at 12316 Poway Road in Poway. (CoStar)
CoStar News
March 24, 2022 | 12:21 AM

A deal for a 22-property package of California shopping centers is the latest illustration of how investors are fueling a spike in sales volume across the country as they follow consumers returning to brick-and-mortar retail.

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