Edens, a neighborhood center owner whose 91 properties cling to the East Coast and hit Texas and Colorado, has established an important presence on the West Coast.
"Our West Coast expansion is a pivotal milestone for us and the next step toward building a pipeline of future opportunities," said Jami Passer, CIO of Edens.
The acquisitions include Alamo Shopping Plaza, Village Oaks, and Gilman District in San Francisco; Westgate North and Lakeland Town Center in Seattle; Bonita Center in San Diego; Rocklin Commons in Sacramento, and Callens Corner in Los Angeles.
Edens specializes in higher-end centers in affluent districts. Stores at its Mosaic center in Fairfax, Va., include Kendra Scott, West Elm, Williams Sonoma, and bluemercury alongside a Target anchor. There are 34 food and beverage tenants at Mosaic, among them Bartaco, Cava Mezze Grill, Caboose Brewing Co., and the MacMillan Whisky Room.
The company’s stated goal is to achieve “transformative placemaking” through thoughtful design and tenant curation to achieve weekly visits and expanded dwell time.
“Our work is bigger than real estate,” is Eden’s motto.