Victoria Gardens Mall Fetches $530M in Major Inland Empire Retail Deal

A joint venture between Redwood West, Panattoni, and Prime Finance acquired the 1M SF Victoria Gardens mall in Rancho Cucamonga for $530 million.

By: AXL Media

Published: Mar 17, 2026, 6:15 AM EDT

Source: Bisnow

Transaction & Asset Details

Victoria Gardens is considered a premier "lifestyle center," blending traditional retail with an open-air, pedestrian-friendly urban design.

Purchase Price: $530 Million (~$441 per SF).

Asset Size: 1.2 Million Square Feet.

Performance: Generates over $1,100 per SF in annual sales.

Occupancy: 98% leased at the time of sale.