LOS ANGELES, Nov. 15, 2018 /PRNewswire/ — DealPoint Merrill closed escrow on Elverta Crossing II shopping center in Antelope, CA. The 86,479 square foot retail center on 7.91 acres is adjacent to a previous purchase of the 9.8-acre Elverta Crossing shopping center.
DealPoint Merrill’s acquisition of Elverta Crossing II is contiguous to this latest acquisition and complementary to the repositioning strategy for the Elverta Crossing Shopping Center.
The Shopping Center is located next to Antelope Greens Golf Course, Walmart Supercenter, multi-family homes, and along the retail and restaurant corridor of Elverta and Watt Avenues in Antelope (Sacramento) California.
DealPoint Merrill’s executives, David Frank, CEO, negotiated the transaction, and Sterling McGregor, President, handled the due diligence for the sale. Jason Limbert of DealPoint Merrill completed the acquisition.