Inman

$9.8 million California retail plaza sold

Marcus & Millichap negotiated the sale of the 53,001-square-foot Bear Valley Plaza in Victorville, Calif.

The value of the transaction was $9.8 million.

An undisclosed private investor sold the property to an undisclosed, California-based investment group.

Bear Valley Plaza is located at 15208-15209 Bear Valley Road. At the time of sale, the property was anchored by Walmart and Home Depot and was 100 percent occupied.

Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage operating nationwide.

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