Vestar Selected to Manage 339,264 SF Glendora Marketplace
Vestar, one of the leading privately held real estate companies in the Western United States, has been retained by a large institutional owner as the property management firm for Diamond Ridge at Glendora Marketplace, a 339,264 square-foot community entertainment shopping center located in Glendora, California.
Vestar’s team brings a wealth of experience, leadership, and resources to Diamond Ridge. Geared toward management of quality institutional assets, Vestar manages over 23 million square-feet of premium retail space throughout the West Coast. Over the past 12 months Vestar has added 2.5 million square-feet to their prominent management portfolio of quality institutional-owned assets.
“Our valued institutional clients understand the importance of retaining an experienced and established property management firm to secure their investment and maximize return strategies” said Patrick McGinley, SCSM, President of Management Services. “We are excited to deliver superior results to our client and the community of Glendora.”
“Our strong growth in management services is a direct reflection of the quality relationships and trust we have built with institutional owners over 25 years of proven performance,” added Bryce Egbert, Director of Business Development.
Glendora Marketplace is conveniently located near the I-210 and SR-57 freeways in the East San Gabriel Valley area of Los Angeles County in the affluent city of Glendora, California. The center is anchored by a AMC Theater, Barnes & Noble, Bed, Bath & Beyond, Best Buy, Petsmart and 24Hour Fitness with a mix of inline and pad tenants.