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

Loja Real Estate Sells Downtown Pleasant Hill Shopping Center, Pleasant Hill, CA 
WALNUT CREEK, CA -- (Marketwire) -- 03/12/13 --  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, As
ia 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
www.lojagroup.com. 
Contact:
Scott Kyman
Vice President, Acquisitions
Office: 925-935-4405, ext. 6
skyman@lojagroup.com 
1333 N. California Blvd., Suite 575
Walnut Creek, CA 94596
www.lojagroup.com 
 
 
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