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✉news BusinessRetail first seen 5 h ago, last 1 h ago, peak #4

Blackstone sells Huntington Beach retail center after one year

Original: Blackstone unloads Huntington Beach retail center a year after buying

Blackstone has sold a retail center in Huntington Beach, California, just one year after acquiring it, according to a report by The Real Deal. The quick turnaround by the private equity giant is drawing attention amid ongoing questions about the outlook for US retail real estate and institutional investors' property strategies in Southern California.

Why now: A major private equity firm offloading a property so soon after purchase suggests shifting sentiment in the retail real estate market.

BlackstoneHuntington BeachThe Real Deal

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Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.

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