CROSSROADS MARKETPLACE FETCHES $79 MILLION

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CHINO HILLS, CALIF. — SKT Investments has acquired Crossroads Marketplace, a 539,270-square-foot retail center located at the corner of Peyton Drive and State Route 71 in Chino Hills. The property sold for $79 million. Current tenants include PetSmart, Best Buy, Bed, Bath & Beyond, Steinmart, Sport Chalet and CVS/pharmacy. Philip Voorhees, Todd Goodman and Kirk Brummer of CB Richard Ellis represented the undisclosed seller in the transaction.

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