Real estate news: Placentia shopping center trades hands for $66 million

October 29, 2026
The Ralphs-anchored Village Center at Rose in Placentia sold to a private investment firm for $66.2 million on Oct. 15, 2026. The buyer was Barings and the seller First Washington Realty. The 118,876-square-foot shopping center at 600-858 North Rose Drive was built in 1996 on 10.15 acres at the northeast corner of North Rose Drive and Alta Vista Street. (Photo courtesy of CBRE)
The Ralphs-anchored Village Center at Rose in Placentia sold to a private investment firm for $66.2 million on Oct. 15, 2026. The buyer was Barings and the seller First Washington Realty.
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