122,540-SQUARE-FOOT RETAIL CENTER TRADES HANDS

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LAKE FOREST, CALIF. — George Holdings Lake Forest LLC has acquired The Shops at Lake Forest, a 122,540-square-foot retail center located at 23818-24422 Rockfield Blvd. in Lake Forest. The center is 95 percent occupied and anchored by Ross Dress for Less, CVS/pharmacy and Petco. Terry Parker of Lake Forest-based Parker Commercial Brokerage Company Inc. represented the buyer; Dan Parker of Parker & Associates Inc. represented the seller, DRB Shops LLC, in the transaction. The acquisition price was not disclosed.

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