Sierra Crest Center, 27125 Sierra Highway, Santa Clarita.
Sierra Crest Center, a retail and office center in Santa Clarita, has sold to a joint venture group for $9.9 million.
CBRE’s Alex Kozakov, Patrick Wade and Matt Greenberg represented both sides of the transaction. The new ownership is a consortium of developers, led by Synergize Ventures in Danville in the Bay Area; Lotus Equity Partners in New York, and Ambassador Equities in Cleveland.
The shopping center was the only sale to come in at over $3 million in Santa Clarita since last summer, according to CBRE.
Located at 27125 Sierra Highway not far from the SR-14 freeway, the 66,782 square-foot center opened in 1991. The two-story Sierra Crest currently features a tenant mix of 69 national and regional tenants, including Dunkin’, State Farm, Firestone, AT&T and Farmers Insurance.
CBRE’s Alex Kozakov, Patrick Wade and Matt Greenberg represented the buyer in the transaction.
Located at 27125 Sierra Highway, the two-story, 66,782 square-foot center was originally built in 1991. Sierra Crest Center features a tenant mix of 69 national and regional tenants, including Dunkin’ Donuts, State Farm, Valvoline, Firestone, AT&T, and Farmers Insurance. The property is within one mile of SR-14, a major freeway that connects Santa Clarita to the rest of Southern California.
“With business restrictions constantly fluctuating, we had several income challenges throughout escrow, but were able to overcome those with a motivated seller, strong buyer and experienced loan assumption team,” said Wade.
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When
Panda Gourmet opened in December 2012, it followed several other restaurants that occupied the Days Inn at 2700 New York Ave. NE. The motel, once described as having “a
Tom Waits, ‘Jockey Full of Bourbon’ vibe,” housed Chinese laborers building the Chinese Embassy from 2006 to 2008 and until recently, families experiencing homelessness.
Before Panda Gourmet came
Joe’s Noodle House,
Sammy’s Restaurant Steak & Buffet, and other restaurants serving Chinese or Asian food that shuttered in succession. After the closure of a Vietnamese pho place,
[December 30, 2020]
E.SUN is Certified Excellence by TCGA
E.SUN FHC and its subsidiaries E.SUN Bank, E.SUN Security received the Excellence certification in the CG6012 (2019) Corporate Governance assessment by Taiwan Corporate Governance Association last Friday (12/25). The honor was a recognition for E.SUN s commitment to corporate governance.
E.SUN FHC, E.SUN Bank and E.SUN Security received the Excellence certification in the CG6012 (2019) Corporate Governance assessment by Taiwan Corporate Governance Association. Joseph Huang (fifth right), Chairman of E.SUN Bank, andMagi Chen (sixth right), President of E.SUN FHC posed with the team. (Photo: Business Wire)
E.SUN FHC received corporate governance certification CG6003 since 2008. In 2009, E.SUN FHC and its subsidiaries E.SUN Bank, E.SUN Securities were the first to receive the advanced certification in finance industry. Following the certification, E.SUN FHC has received CG6007, CG6009, CG6010 and CG6011 successively. I
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E.SUN FHC and its subsidiaries E.SUN Bank, E.SUN Security received the “Excellence” certification in the CG6012 (2019) Corporate Governance assessment by Taiwan Corporate Governance Association last Friday (12/25). The honor was a recognition for E.SUN’s commitment to corporate governance.
E.SUN FHC, E.SUN Bank and E.SUN Security received the “Excellence” certification in the CG6012 (2019) Corporate Governance assessment by Taiwan Corporate Governance Association. Joseph Huang (fifth right), Chairman of E.SUN Bank, and Magi Chen (sixth right), President of E.SUN FHC posed with the team. (Photo: Business Wire)
E.SUN FHC received corporate governance certification CG6003 since 2008. In 2009, E.SUN FHC and its subsidiaries E.SUN Bank, E.SUN Securities were the first to receive the advanced certification in finance industry. Following the certification, E.SUN FHC has received CG6007, CG6009, CG6010