TriPost Capital Partners has acquired a stake in a two-asset, grocery-anchored retail portfolio in a partnership with existing owner Brixton Capital, a vertically integrated operator of retail and multifamily properties. This transaction marks the second investment out of TriPost's Asset Solutions strategy.
The portfolio comprises two premier, grocery-anchored retail centers located in high-growth markets across the western United States. Marketplace Beaumont in Beaumont, Calif., is a 177,000-square-foot shopping center that is 99 percent occupied. The property is anchored by ALDI and includes a premium lineup of national retailers including Ross, HomeGoods and Best Buy. Ideally positioned off Interstate 10 within the dynamic Inland Empire submarket of Los Angeles, the property benefits from exceptional visibility, robust population growth and high median household incomes, with historical occupancy consistently above 90 percent since 2021.
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