CBRE Global Investors Fund Acquires Retail Center in Los Angeles

by Katie Sloan

LOS ANGELES An undisclosed fund advised by CBRE Global Investors has acquired Gateway at Burbank, a 74,391-square-foot, two-building grocery anchored shopping center located along Interstate Five Golden State Freeway in Burbank. One building is a freestanding grocery store, and the other is a multi-tenant retail building anchored by a drugstore. The property is fully leased to seven tenants.

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