Home Finance Trader Joe’s-Anchored The Knolls, 52,000 SQFT Bixby Knolls Shopping Center, Hits Market in Long Beach at 95% Occupancy
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Trader Joe’s-Anchored The Knolls, 52,000 SQFT Bixby Knolls Shopping Center, Hits Market in Long Beach at 95% Occupancy

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A Chicago-headquartered ownership entity has tapped CBRE to sell The Knolls, a 95 percent occupied, Trader Joe's-anchored neighborhood center on a former Ralphs site in Long Beach's Bixby Knolls district, testing how deep investor appetite runs for infill grocery retail in a Los Angeles County market where shopping center vacancy sits near decade highs.

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