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LAKE ELSINORE, CALIF. — HELF Investments has acquired Canyon Hills Marketplace, a 108,358-square-foot neighborhood shopping center in Lake Elsinore, for $33.5 million. The center is located at 25381-25341 and 29996-29997 Canyon Hills Road.
Canyon Hills is fully occupied by tenants like Stater Bros., CVS, Jack in the Box, Wells Fargo, Carl’s Jr. and Panda Express. The center opened in two phases in 2006 and 2009.
CBRE’s Reg Kobzi, Joel Wilson and Peter Orth represented both the buyer and seller, CHMP No 1 LLC & CHMP II Owner LLC, in this transaction.