Loja Acquires Vallarta Anchored Shopping Center Located in Oxnard, California

Located northwest of downtown Los Angeles, the property is valued at $20 million

Walnut Creek, CA, 9-30-2014—Tom Engberg, CEO of Loja Real Estate, announced the acquisition of Oxnard Vineyards, a newly developed Vallarta Supermarkets anchored community shopping center located in Oxnard, California. Loja Real Estate purchased the property from a private investment group for approximately $20 million. The transaction closed on September 12, 2014.

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Loja Acquires Sprouts Anchored Shopping Center Located in Denver, Colorado

Located in the Greenwood Village community center in Denver, the property is valued at $46.2 million

Walnut Creek, CA, 7-9-2014—Tom Engberg, CEO of Loja Real Estate, announced the acquisition of Arapahoe Marketplace, a Sprouts anchored community shopping center located in Greenwood Village, Colorado. Loja Real Estate purchased the property from a private investor for approximately $46.2 million. The transaction closed on July 3, 2014.

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Loja Acquires Two Recently Developed Single-Tenant Trader Joe’s in Separate Transactions

Located in Libertyville, IL, and Tampa, FL, the properties are valued at $15.6 million

Walnut Creek, CA, 4-10-2014—Tom Engberg, CEO of Loja Real Estate, announced the acquisition of two recently developed single-tenant Trader Joe’s properties for approximately $15.6 million. Located in Libertyville, Illinois and Tampa, Florida, both properties are well-positioned in established thriving communities. These acquisitions represent the sixth and seventh Trader Joe’s properties in the Loja Real Estate portfolio.

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Loja Acquires Two Single-Tenant Trader Joe’s in Separate Transactions

Located in Evanston, IL, and Albuquerque, NM, the properties are valued at $15 million

Walnut Creek, CA, 10-3-2013—Tom Engberg, CEO of Loja Real Estate, announced the acquisition of two additional single-tenant Trader Joe’s properties for approximately $15 million. Located in Evanston, Illinois and Albuquerque, New Mexico, both properties are well-positioned in thriving communities with average annual household income in excess of $95,000 in a 1-mile radius. These acquisitions represent the fourth and fifth Trader Joe’s in the Loja portfolio.

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Loja Real Estate Acquires Single-Tenant Office Depot in Seattle, WA

Walnut Creek, CA—Tom Engberg, CEO of Loja Real Estate, LLC, today announced the acquisition of a single-tenant Office Depot for one of the Firm’s separate accounts. Loja Real Estate, LLC, is a wholly-owned subsidiary of Loja Group LLC, a real estate investment management firm.

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Loja Real Estate Acquires Dual-Tenant Grocery-Anchored Property in Woodbury, MN

Walnut Creek, CA (July 16, 2013)—Tom Engberg, CEO of Loja Real Estate, LLC, today announced the acquisition of a grocery-anchored, dual-tenant property for one of the Firm’s separate accounts. Loja Real Estate, LLC, is a wholly-owned subsidiary of Loja Group LLC, a real estate investment management firm.

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Loja Real Estate Sells Downtown Pleasant Hill Shopping Center, Pleasant Hill, CA

Walnut Creek, CA (March 12, 2013) – Tom Engberg, CEO of Loja Real Estate, LLC, announced today the sale of Downtown Pleasant Hill Shopping Center in Pleasant Hill, CA to an account advised by the US real estate business of UBS Global Asset Management for approximately $100 million. The transaction closed on March 8th. Loja Real Estate, LLC is a wholly-owned subsidiary of Loja Group LLC, a real estate investment management firm.

“We are delighted that UBS is involved with this asset,” said Tom Engberg, Chief Executive Officer of Loja Real Estate. “They understand the value of this property as a community asset for the town of Pleasant Hill. We believe they will carry on with the program of improvements we instituted here,” he said.

Downtown Pleasant Hill is a 345,687 sq. ft. shopping center with prime retail space located in the affluent community of Pleasant Hill in the San Francisco Bay Area, CA. Downtown Pleasant Hill is the central business district for the town with 40 brand name retailers, including Century Theaters, Lucky Supermarket, Bed Bath & Beyond, Michaels, Ross, Golfsmith, Paul Mitchell the School, Carter’s, and Zachary’s Chicago Pizza.

“Loja’s real estate team is to be commended for adding value to an already strong property. It has been a real pleasure to own Downtown Pleasant Hill and it would be a great property to retain in our portfolio. We felt, however, that this was an opportune time to sell and advance other important initiatives at Loja,” said Katherine Burr, CEO of Loja Group LLC.

Loja was represented in the sale by Kevin Van Voorhis, James Kaye, Jay Gomez and Lindsey Lantis of Colliers International.

About UBS Global Asset Management

With over 35 years of real estate investment advisory experience, the US real estate business of UBS Global Asset Management has approximately $20.2 billion under management on behalf of over 450 clients. A multi disciplined real estate organization with staff of approximately 176, it is headquartered in Hartford, Connecticut with regional offices in San Francisco and Dallas.  In addition to its US real estate business, UBS Global Asset Management, Global Real Estate manages investments in Europe, Asia and Australia, totaling approximately $65 billion in real estate and real estate securities worldwide.  In the US it operates through its legal entities, UBS Realty Investors LLC and UBS AgriVest LLC, registered investment advisors. www.ubs.com/realestate

About Loja Group LLC/Loja Real Estate, LLC

Loja Group LLC is a real estate investment management firm with $190 million in assets under management. Through Loja Real Estate, LLC, a wholly-owned subsidiary, Loja acquires and manages grocery-anchored real estate assets throughout the United States for institutional clients. Additional information about Loja may be found at loja.valestudios.com.

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Loja Real Estate Acquires Grocery-Anchored Property in Agoura Hills, CA

Walnut Creek, CA – Tom Engberg, CEO of Loja Real Estate, LLC, today announced the acquisition of a grocery-anchored shopping center known as Shops at Oak Creek for one of the Firm’s separate accounts. Loja Real Estate, LLC, is a wholly-owned subsidiary of Loja Group, LLC, a real estate investment management firm.

Loja Real Estate purchased the property from multiple owners for approximately $21.75 million. The transactions closed on March 28th and April 4th, respectively. This is Loja Real Estate’s sixth acquisition and second in 2012 anchored by Trader Joe’s.

The property is a 36,182 sq. ft. multi-tenant shopping center, developed in 2010, on 5.45 acres of land located in Agoura Hills, California. Trader Joe’s anchors the shopping center which includes three multi-tenant shops buildings and one restaurant pad. Trader Joe’s is a privately-held grocery store chain, headquartered in Monrovia, CA, operating 361 stores around the United States with annual sales reportedly in excess of $8.5 billion.

"This is an exciting acquisition for Loja Real Estate and its investors due to the accomplishment of consolidating multiple properties in an off-market transaction with Trader Joe’s as the anchor. The shopping center has quickly become a favorite gathering place for local residents since its opening in 2010. Agoura Hills is a community with strong demographics and limited competition due to a difficult entitlement environment," stated Scott Kyman, Vice President of Acquisitions at Loja Real Estate.

The selling entities were represented by Matthew May of May Realty Advisors. Loja Group has retained Colliers International to manage the property.

About Colliers International
Colliers International is the third-largest commercial real estate services company in the world with 12,500 professionals operating out of more than 500 offices in 61 countries. A subsidiary of FirstService Corporation, Colliers International focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners, and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, and mortgage banking research.

About May Realty Advisors
With over two decades of retail brokerage expertise, May Realty Advisors is recognized as one of Southern California’s leading boutique retail advisement firms based on their success as innovators in commercial real estate marketing, retailer relationships and the ability to source and close complex real estate transactions. Matthew May, founder of May Realty Advisors was a founding member of the Retail Brokers Network in 1992. Retail Brokers Network is an invitation-only network of retail brokerage companies throughout the US and Canada with over 55 members and 65 offices. The combination of the two organizations provides our clients with unique access to retailers, investors, and investment opportunities. To learn more about May Realty Advisors please visit www.mra.la.

About Loja Group LLC/Loja Real Estate, LLC
Loja Group LLC is a women-owned (WBE) real estate investment management firm with $188 million in assets under management. Through Loja Real Estate, LLC, a wholly-owned subsidiary, Loja acquires and manages grocery-anchored real estate assets throughout the United States for a variety of joint ventures, separate accounts, and commingled funds. Additional information about Loja may be found at loja.valestudios.com.

Contact:
Scott Kyman, Vice President, Acquisitions
Office: 925-935-4405 ext. 6
Email: [email protected]

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Loja Real Estate Acquires Single-Tenant Grocery-Anchored Property in Santa Barbara, CA

WALNUT CREEK, CA – Tom Engberg, CEO of Loja Real Estate, LLC, today announced the acquisition of a grocery-anchored, single-tenant property for one of the Firm’s separate accounts. Loja Real Estate, LLC, is a wholly-owned subsidiary of Loja Group LLC, a real estate investment management firm.

Loja Real Estate purchased the property from a private investment partnership for approximately $8.75 million. The transaction closed on January 4, 2012. This is Loja Real Estate’s fifth acquisition.

The property is an 18,742 sq.ft. single-tenant building, originally developed in 1951, on 1.1 acres of land located in Santa Barbara, California. Trader Joe’s is the sole tenant and has been since the property was renovated in 2003. Trader Joe’s is a privately-held grocery store chain, headquartered in Monrovia, CA, operating 361 stores around the United States with annual sales reportedly in excess of $8.5 billion.

“The acquisition of this asset very well fits our core investment strategy and parameters. It is a high quality property, with a top tier grocer producing huge sales volumes in a very desirable, supply constrained market,” stated Scott Kyman, Vice President, Acquisitions of Loja Real Estate.

The selling entity was represented by The NRIG-West Team of CBRE. Loja Group has retained Colliers International to manage the property.

About Colliers International

Colliers International is the third-largest commercial real estate services company in the world with 12,500 professionals operating out of more than 500 offices in 61 countries. A subsidiary of FirstService Corporation, Colliers International focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners, and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, and mortgage banking and research.

About CBRE

Based in Orange County, the NRIG-West Team is part of a seven team network at CBRE dedicated to retail investment sales. Long recognized as industry-leading investment experts, the NRIG-West Team specializes in portfolio, anchored centers, strip centers, single tenant assets, specialty retail projects, REO and Receivership assets and parcelized disposition strategy opportunities. The Team consists of specialists with institutional and private client relationships, and leverages institutional quality knowledge and service across unparalleled access to private capital investors and the brokers who represent them, domestically and around the world.

About Loja Group LLC / Loja Real Estate, LLC

Loja Group LLC is a women-owned (WBE) real estate investment management firm with $166 million in assets under management. Through Loja Real Estate, LLC, a wholly-owned subsidiary, Loja acquires and manages grocery-anchored real estate assets throughout the United States for a variety of joint ventures, separate accounts, and commingled funds. Additional information about Loja may be found at loja.valestudios.com.

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Loja Real Estate Acquires The Shops at Pacific Station

Walnut Creek, CA – Tom Engberg, CEO of Loja Real Estate, LLC, today announced the acquisition of The Shops at Pacific Station for one of the Firm’s separate accounts. Loja Real Estate, LLC, is a wholly-owned subsidiary of Loja Group LLC, a real estate investment management firm.

Loja Real Estate purchased The Shops at Pacific Station from Pacific Station Property, LLC for $19.5 million. The transaction closed on July 25, 2011. This is Loja Real Estate’s fourth acquisition.

The Shops at Pacific Station, a 38,828 square foot grocery-anchored neighborhood shopping center, is the retail portion of a 98,403 square foot vertical mixed-use center containing second and third-story office space totaling 9,733 square feet, and 47 residential condominium units. The Shops at Pacific Station is located in Encinitas, a coastal community in San Diego County, CA. In addition to a 25,000 square foot Whole Foods, which just opened in June, The Shops at Pacific Station has a strong tenant mix, including an Urban Solace (upscale restaurant), Bliss 101 (craft/furniture gallery), Icons (high-end clothing boutique), and a Bombshell Boutique Salon (to open in August). The Shops at Pacific Station is currently 96% leased. The development is LEED Silver Certified to achieve maximum energy efficiency with the least possible impact on the environment.

“This is a very exciting and important acquisition for Loja. The Shops at Pacific Station is anticipated to be the premier neighborhood grocery-anchored shopping center within the Downtown 101 corridor, a 100+ year-old coastal shopping district considered one of San Diego’s most desirable retail destinations. Just three blocks from the beach, Pacific Station is the central gathering place for residents and tourists to dine, work, and shop,” stated Scott Kyman, Vice President, Acquisitions of Loja Real Estate.

“Once development returns to the market, we anticipate a trend toward mixed-use projects in dense built-out suburban communities where land is scarce and planners want development aggregated around transit hubs. Pacific Station – located next to the Encinitas train station, which is on a rail line that extends from San Diego into Los Angeles County – perfectly exemplifies the direction of future development and investor interest,” stated Mr. Engberg.

Loja Group was represented by Richard Lebert, Senior Vice President, Colliers International. Pacific Station Property, LLC was represented by Ryan Gallagher, Senior Managing Director, Holliday Fenoglio Fowler, LP. Loja Group has retained Capital Growth Properties, Inc. of La Jolla, CA, to manage the property.

About Colliers International
Colliers International is the third-largest commercial real estate services company in the world with 12,500 professionals operating out of more than 500 offices in 61 countries. A subsidiary of FirstService Corporation, Colliers International focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners, and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, and mortgage banking and research.

About Capital Growth Properties, Inc.
Capital Growth Properties is a full service property management and real estate brokerage firm, specializing in the management, sale and leasing of income properties located throughout San Diego County. Active in the property management and brokerage business since 1976, Capital Growth Properties currently manages a portfolio of apartment communities, shopping centers, office buildings, and industrial facilities for a broad spectrum of investors.

About Loja Group LLC / Loja Real Estate, LLC
Loja Group LLC is a women-owned (WBE) real estate investment management firm with $135 million in assets under management. Through Loja Real Estate, LLC, a wholly-owned subsidiary, Loja acquires and manages grocery-anchored real estate assets throughout the United States for a variety of joint ventures, separate accounts, and commingled funds. Additional information about Loja may be found at loja.valestudios.com.

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About Us

The Loja team includes cycle-tested real estate industry veterans as well as fund managers experienced in multiple asset classes in various currency and interest rate environments.

Phone: +1 925.951.0630

2099 Mt. Diablo Blvd., Suite 200
Walnut Creek, CA 94596

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