Brixton Capital, a vertically integrated operator of retail and multifamily properties, acquired The Quad at Whittier for $100 million from an undisclosed seller. The purchase is fueled in part by a $250 million retail programmatic joint venture Brixton established with an undisclosed global alternative investment manager last year.
Located at 13400 to 13582 Whittier Blvd. and 8415 to 8330 Painter Ave., the 314,593-square-foot, nine-building retail center is 95.6% occupied. Its credit tenants include Vallarta Supermarkets, Marshalls, Ross Dress for Less, T.J. Maxx, Dollar Tree, Petco, Michaels, Five Below and Burlington.
“We see The Quad as the heartbeat of Whittier,” said Brixton Capital President and Chief Investment Officer Rob Taylor. “Our goal is to thoughtfully enhance the center through targeted improvements and curated leasing so it continues to be a place where the community can gather, shop and connect.”
Originally constructed in 1953, the center was expanded in 1965 with renovations completed overtime. Its convenient location near the I-5 and I-605 freeways has consistently supported strong customer demand, as does the dense and established trade area surrounding the center.
The Quad at Whittier aligns with Brixton’s strategy of investing in high-quality suburban retail centers anchored by daily-needs and destination tenants that generate consistent traffic and stable cash flow. Active asset management and targeted enhancements under Brixton’s ownership will further strengthen the center’s position as a key community retail destination.
With this acquisition, Brixton’s retail holdings in Southern California amount to approximately 1.2 million square feet.
Chase Levra and Chris Hoffmann of Eastdil Secured represented the seller, while Brixton represented itself in this transaction.
About Brixton Capital
Brixton Capital is a private real estate investment company focused on generating outstanding, risk-adjusted returns by unlocking embedded value in multifamily and retail properties. Headquartered in San Diego County’s Solana Beach, California, Brixton’s leadership team averages over 25 years of commercial real estate expertise. The firm currently owns and operates a diverse portfolio of approximately $2.5 billion across the western United States. For more information, visit www.brixtoncapital.com.
