Riverside's Five Points Plaza trades for $31M from original developer for the first time

ORANGE COUNTY, Calif., Nov. 20, 2025 –  JLL Capital Markets announced today that it has arranged the $31 million sale of Five Points Plaza, a 129,699 square-foot, grocery-anchored retail center in Riverside, California.

JLL represented the buyer, Longpoint. The seller was a private family, who originally developed the center.

Five Points Plaza is strategically located at 4652-4822 La Sierra Ave. near the intersection of SR-91 and I-15, surrounded by recreational amenities including parks, Hidden Valley Golf Club, Harvest Riverside Airport and Lake Matthews. The center's position along this major thoroughfare provides excellent visibility and accessibility for the diverse tenant mix.

Riverside is home to approximately 319,190 residents with a median household income of $88,575 and a relatively young median age of 31.3 years. The diverse community maintains significant Hispanic and Latino population creating a varied consumer base. This demographic profile supports strong retail performance in the market, contributing to the shopping center's sustained success over nearly four decades.

Five Points Plaza, anchored by a top-performing Stater Bros location alongside Del Taco, Jack in the Box, Dollar Tree and additional shops tenants. The shopping center has maintained strong performance over its nearly four-decade operating history, with the Stater Bros grocery anchor representing one of the chain's highest-performing locations.

JLL Capital Market’s Investment Sales and Advisory team was led by Managing Director Daniel Tyner and Senior Managing Directors Gleb Lvovich and Geoff Tranchina.

“Five Points Plaza represents a unique opportunity to acquire a strong performing grocery anchored shopping center within a growing area of the Inland Empire,” said Tyner. “Capital formation across various investor types for grocery anchored retail remains robust.”

“The Inland Empire is quickly becoming a core market in California due to strong growth and affordability. We are excited to build on our track record of transacting in one of the most dynamic areas in Southern California,” Lvovich added.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.

Headquartered in Boston, MA, Longpoint is a vertically integrated private equity real estate firm with deep domain experience in acquiring and operating infill logistics and specialty-grocer anchored real estate in target U.S. markets. Longpoint chooses its investments and value creation strategy based on an analytical process that incorporates key drivers impacting the global supply chain, demographic shifts and consumer shopping patterns. Longpoint is registered as an investment adviser with the SEC. Founded in 2015, Longpoint has offices in Atlanta, Boston, Dallas, Fort Lauderdale, Los Angeles, Miami, New Jersey, Phoenix, Salt Lake City, and Washington D.C.

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.