SACRAMENTO, CALIF. – Pacific Castle has acquired four shopping centers in the Sacramento area for $40 million. The acquisitions include Waterman Grove Plaza in Elk Grove, Willow Creek Town Center in Folsom, Zinfandel in Rancho Cordova and Strawberry Creek in Sacramento.
The 44,090-square-foot Waterman Grove Plaza is located at 9304-9332 Elk Grove Blvd. in the Elk Grove retail submarket. Major tenants include Panda Express, Subway, T-Mobile and Gamestop.
Willow Creek is located at 1001-1011 E. Bidwell Street. It is anchored by SaveMart and CVS. Other notable tenants include IHOP, Chipotle, Golden One Credit Union, Wingstop and Anytime Fitness.
The 39,737-square-foot Zinfandel is located at 2817-2863 Zinfandel Drive. It is scheduled to undergo a major renovation and repositioning.
Strawberry Creek is located at 8211-8251 Bruceville Road. It is anchored by a Super Target, in addition to tenants like Panda Express, Subway, UFC Gym, Starbucks and Comcast.
Pacific Castle also owns the Rancho Cordova Town Center, a power center anchored by a Super Target.