NEWS & MEDIA
Beacon Realty Acquires
Jefferson Square Retail Center
Beacon Says Savvy Investors Will Rise to the Occasion
Westar Associates Announces Hiring of Beacon Realty Advisors
San Diego-based Beacon Realty Advisors, in partnership with Charlotte-based Carolina Capital Partners, has acquired Jefferson Square. Beacon plans to pursue a grocery, home-improvement or medical tenant to occupy the existing vacant 14,000 SF box space.
Westar Associates, developer and property manager, announced the hiring of Beacon Realty Advisors to provide leasing responsibilities for prominent neighborhood shopping center.
Beacon Realty Advisors is among savvy investors still pursuing retail investments, recently acquiring Jefferson Square, a retail center in La Quinta. They will continue to look for new opportunities despite new market challenges.
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Panel Announced for Inland Empire Commercial Real Estate Conference
Beacon Realty Advisors Delivers on Jefferson Square Phase I Repositioning
Omar Hussein, Principal of Beacon Realty Advisors has been selected to present at the upcoming Inland Empire Commercial Real Estate Conference. The Inland Empire is one of the most active markets in the nation and the event is expected to attract attendees from throughout Southern California and surrounding areas. Owners, developers, property managers, economic development executives, buyers, and lenders who are active in the retail, industrial and multi-family sectors attend this event for the latest market opportunities, trends, and forecasts.
Beacon Realty Advisors is pleased to announce the completion of Phase I of the Jefferson Square repositioning project. Rapport International Furniture, the upscale, contemporary home furnishings retailer acquired the 14,000 SF space following Beacon’s plans to remerchandise the center with a home improvement retailer. The new tenant was identified and the deal was completed within nine months of acquiring the Jefferson Square property. READ MORE