Atlasproperties: Atlas Properties Negotiates $9.9M Acquisition of Cardenas Grocery in Victorville, California

VICTORVILLE, CALIF. - A private Orange County, Calif.-based developer has completed the disposition of a retail property located at 14528 Palmdale Road in Victorville. A private 1031-exchange investor acquired the building for $9.9 million. Cardenas, a Hispanic grocery store, occupies the asset. Bill Bauman, Kyle Miller, Michael Fogel and Matt Schwartz of Newmark Knight Frank [...]