Established on a signalized corner location one block from Cal Poly Pomona, University Plaza is a well-located asset in a dense, infill area. The subject property features a Carl’s Jr. outparcel and a large opportunity for upside.
The subject property also features a favorable four-building layout with a diverse tenant mix of restaurants and local/regional services. OneV Capital acquired this property with the intent to effect a full renovation to the façade of the building and improve the leasing component in order to add value.
This project is currently underway; all capital improvements and full renovation of the center have been completed, and the leasing component is currently being improved. University Plaza recently completed refinance at a value that representing an 86% increasing in value.