Towne & Country Center Sold

(Chico) The sale of the Towne & Country Shopping Center marks the end of a retail era. 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.

We are 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.