Town Center Plaza 4 Properties in Palm Desert, CA

Palmer Capital, as exclusive advisor, is pleased to present the opportunity to acquire Town Center Plaza (“the Property”), a well-located value-add grocery anchored neighborhood shopping center in Palm Desert, California. Ideally positioned just off Highway 111, the Property is situated within one of the Coachella Valley’s most established and affluent trade areas. Constructed to institutional standards and recently upgraded, Town Center Plaza is anchored by Trader Joe’s, which is undertaking a capital investment into its store—demonstrating a strong, long-term commitment to the location. The center is further complemented by a diverse mix of national tenants, including Michaels, which not only recently extended their lease but have been a long-term tenant since 1992, as well as a variety of daily-needs and service-oriented operators.