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LOS ANGELES — An undisclosed private investor has purchased Sylmar Square Shopping Center, a 139,661-square-foot, grocery-anchored shopping center in the Los Angeles submarket of Sylmar, for $16.8 million. The center is located at 13700-13790 Foothill Blvd.
Sylmar Square is anchored by Vons Supermarket. Other notable tenants include Chase Bank, Verizon and Payless ShoeSource. It was originally constructed in 1957 and renovated in 2003. Additional renovations are in progress.
Fariba Kavian of NAI Capital’s West LA office represented the seller, C-III Asset Management, in this transaction.