Barings Pays $66.2MM for First Washington’s Ralphs-Anchored 119,000 SQFT Village Center at Rose in Placentia

Barings paid $66.2 million for First Washington Realty’s fully leased, Ralphs-anchored Village Center at Rose in Placentia, closing the sale about four months after the 118,876-square-foot center came to market and as Orange County retail vacancy sank to a five-year low.