A Los Angeles investment firm bought a major shopping center in Ventura County. Primestor Development purchased Oxnard’s Esplanade Shopping Center for $90 million.
The more than 350,000 square foot center has a Home Depot, a Nordstrom Rack, a Staples Store, an In-N-Out burger, and more.
The complex just off of Highway 101 in Oxnard is considered to be very successful, with a more than 90% occupancy rate.
It’s a major expansion for the minority-owned company, which has in the past focused its holdings in the Los Angeles area.
