Home Finance Merlone Geier Spends $57.8MM on 187,000 SQFT Stevenson Ranch Plaza
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Merlone Geier Spends $57.8MM on 187,000 SQFT Stevenson Ranch Plaza

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Scenery of shopping district
Photo by MasaoTaira on iStock
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Retail developer Merlone Geier Partners has added another prominent property to its Southern California portfolio: Stevenson Ranch Plaza. The outdoor mall, anchored by a Ralphs supermarket, sold for $57.8 million (roughly $309 per square foot), according to Los Angeles County records reviewed by The Registry. The deal, which closed on November 6, represents the latest […]

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