Trachman Indevco Breaks Ground on $75 Million Mixed-Use Redevelopment Project in Los Angeles County and is Over 90% Pre-Leased (2007-09-01)
Trachman Indevco, LLC, a retail real estate investment and development company, broke ground on Citrus Crossing, a 23-acre suburban mixed-use redevelopment project offering shopping, dining, entertainment and on-site living. The new $75 million project, which is already 90 percent pre-leased, is a creative renaissance of an existing 180,000 SF shopping center built in the mid 1950s in the Foothill community of Azusa, Calif. Located at the busy SWC Citrus Avenue and Alosta Avenue, the new development will include 175,000 SF of retail and a 102-new townhome community.
