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Transactions - FEBRUARY 14, 2023

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Bridge Group Investments, Steerpoint Capital buy North County Mall

by Released

Bridge Group Investments and Steerpoint Capital have purchased North County Mall in Escondido, Calif.

Situated on almost 83 acres in northern San Diego County, North County Mall offers more than 1.25 million square feet of retail space, anchored by Target, Macy’s and JCPenney. It also includes a wide range of high-quality entertainment, fitness, and retail offerings, including 24 Hour Fitness, Forever 21, H&M, BJ’s Restaurant and Brewhouse, Black Angus Steakhouse and On the Border.

Steerpoint Capital is a Black-owned investment management firm led by Managing Partner Bo Okoroji, who previously served as the head of U.S. investments at Unibail-Rodamco-Westfield (URW) and held multiple senior roles at Simon Property Group. During his career Okoroji has participated in more than $11 billion worth of commercial real estate transactions. He now serves as an advisory board member for CREUnited, an alliance convened by Walker & Dunlop focused on increasing assets

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