(Chico) The sale of the Towne & Country Shopping Center marks the end of a retail era for both the ownership, and Coldwell Banker Commercial C&C Properties. After more than three decades of ownership, the family landlord group has sold the Towne & Country Shopping Center, successfully completing a remarkable exit strategy.
The family has operated the Save Mart and Rite Aid anchored Center along the Esplanade and East Avenue since the early 90's, a respectable and admirable investment accomplishment. Through good times and bad, Towne & Country of Chico Partnership has been steadfast in exercising best business practices and management of the center.
Coldwell Banker Commercial has been proud to have been a part of this legacy, handling leasing for the past fifteen years, even maintaining 100% occupancy in recent years.
The sale was arranged by Mike Donnelly and Brian Littrell representing the sellers, and Race Merritt and Ravjeet Basi of Ethan Conrad Properties representing the Buyer.
For an overview of the Towne & Country Shopping Center, CLICK HERE to see the Video.