Brookfield Properties has sold Victoria Gardens to Redwood West and Panattoni Development Co., along with their investment partners Prime Finance and Prism Places.
Victoria Gardens is a 1.2-million-square-foot open air shopping and lifestyle mall located in the Etiwanda District of Rancho Cucamonga.
The 147-acre property, which opened in 2004 fetched a price of $530 million, making it in one of the Inland Empire’s largest retail property transactions in the last decade.
Brookfield West was managing and operating the center prior to the sale. Redwood West will take on that role.
Drawing estimated 14 million visitors annually, the open-air retail center combines national retailers, restaurants, entertainment venues and civic spaces. The retailers include Alexander Jewelers, Aberrombie & Fitch, Aerie, Alta Loma Enterprises, Aldo, American Eagle, Apple, Anthropologie, AT&T, Bacio di Latte, Bath & Body Works, Beard Papa’s Ben Bridge, Blvd 66, Buckle, Brio, Brighton, Box Lunch, Calaire’s Clip, Chanel, Carbon Health, Cotton: On, Crepes De Paris, Dr. Martens, Drybar, Dog Haus, Dynamic, Edward Jones, Duck Donuts, EoS Fitness, Express Fabletics, Fast-Fix, Flemings, Elephant Thai, Francesca’s Free People, Garage, Gorjana, Gyu-Kaku, H&M, Hat Club, Hollister, Hot Topic, Hydration Room, Immersive Gamebox, It’s Sugar, JC Penney, Jaxxon, JD. Journeys, Photo LaVie, Kabuki, Kay Jewelers, Kessler Alair, Kiehl’s, King’s Fish House, L’Occitane, Lane Bryant, Zumiez, Zara, Zagg, Yard House, Windsor, Williams Sonoma, WHBM, Wetzel’s Pretzels, Watch Works, Warby Parker, Victoria’s Secret, Verizon, Van’s, Urban Outfitters, Tiny Finds, Tillys, Tikka, The State, The Snack Shop, The Escape Game, The Cut, Coffee Bean & Tea Leaf, The Cheesecake Factory, Tecovas, Tang Bar, T- Mobile, Sweetgreen, Swarovski, Sunglass Hut, Sun Kissed Harmony, Starbucks, Sports Treasures, Soma, Sneakers Hub, Slow Ride. Linn Jewelry, Levi’s, Lens Crafters, Laser Away, Macy’s Madison Reed, Mango, Mendocino Farms, Pac Sun, Panda Express, Pandora, Panini Kabob Grill, Pacific Textiles & Sourcing, P.F. Chang’s, Rocket T, Oakley, Sleep Number, Skin Laundry, Silver Lake Ramen, Share Tea, Shake Shack, Seven Grams, Sephora, See’s Candy, Liq, Loft, Lovesac, Lucille’s Smokehouse, Lucky Brand, Lululemon, Lush MAC, Mia, Mini SoU, NB, Paul Martin’s, Phar Macy, Philz Coffee, Phone Repair, Season’s 52, Rolex, Rokkatei, Rocky Mountain Chocolate Factory, Richie’s Diner, Quay, Purple, Punch Bowl Social, Pressed, Pottery Barn, Pop Mart and Pink.
Panattoni Development Company, Prime Finance and Prism Places intend to invest over $50 million toward upgrades and improvements to the property, including enhancements to landscaping, signage and common areas.
Victoria Gardens includes the Paul Biane branch of the Rancho Cucamonga Public Library System and the Lewis Family Playhouse.