We've added another dominant retail destination to our Southern California portfolio.

Village West Shopping Center in Hemet, CA expands our Inland Empire footprint and builds on our strategy of clustering assets in markets where we already have a strong presence and see opportunities to create value.

This ~200,000 SF community shopping center is anchored by Stater Bros. Markets. and features a strong lineup of national retailers including ROSS DRESS FOR LESS, Old Navy, Five Below, Bath & Body Works, Dutch Bros Coffee, Panera Bread and more.

Located at one of Hemet's primary retail intersections, the center draws approximately 4.9M annual visits and benefits from visibility to more than 74K vehicles per day along West Florida Avenue and Sanderson Avenue.

Village West also offers meaningful opportunities to create value over time through lease-up of the former Joann Fabrics space, mark-to-market leasing opportunities across the center, and the potential for future pad development.