Edens Acquires 116,000 SQFT Portion of Long Beach Exchange for $57MM from PGIM and DJM Capital Partners

The deal deepens the Washington, D.C.-based REIT's commitment to Los Angeles retail, building on a portfolio launched with a $137 million grocery-anchored acquisition in 2022. Edens, through its entity LBX Edens, LLC, has acquired a 115,557-square-foot portion of Long Beach Exchange for $57,060,379, or approximately $494 per square foot, from sellers PGIM, Inc. and DJM […]