New Owners to Refurbish Four Shopping Centers
Four Southern California neighborhood shopping centers have been purchased from Smart & Final Iris and will be expanded and upgraded, according to Schneider Commercial Real Estate, which represented both sides in the $12.5-million transaction.
LA Centers Ltd., a limited partnership with the Amsted Cos. of Los Angeles as general partner, bought the centers in Lakewood, Hawthorne, North Hollywood and Woodland Hills.
The centers were owned by the Thrifty-Mart organization, and included Thrifty-Mart stores, before they were purchased about two years ago by Smart & Final Iris.
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