Slatten Ranch Shopping Center sale closes in East Bay retail market

SAN FRANCISCO, Feb. 24, 2026 –  JLL Capital Markets announced today that it has secured the sale of Slatten Ranch Shopping Center, a 118,187-square-foot community retail center in Antioch, California.

JLL represented the seller, Camden Village, LLC (private owner). The buyer was Sterling Organization.

Slatten Ranch Shopping Center, located at 5709-5759 and 5779-5789 Lone Tree Wy., is strategically positioned with more than 1,400 feet of linear frontage along Highway 4, providing visibility and access to over 100,000 vehicles per day. The property is shadow-anchored by one of the highest-performing Target locations nationwide, ranked No. 20 in the chain and in the 98th percentile nationally.

Antioch continues to be an attractive destination for businesses and residents due to its affordability and prime location within the Bay Area. The Association of Bay Area Governments expects Antioch to add 10,370 households through 2035, representing 31.8% growth from 2005.

JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Managing Director Eric Kathrein, Senior Managing Director Gleb Lvovich, Director Andrew Spangenberg and Associate Allie Repaskey.

"Slatten Ranch was a rare opportunity to acquire a regionally dominant, institutional quality community center with significant value-add potential," said Kathrein. "This transaction is a perfect example of what value-add capital is focusing on in today’s market."

“There is a lot of capital chasing retail today. We received multiple offers from both regional operators and institutional capital which demonstrates how rare this opportunity was and the demand for well-located value-add retail," added Lvovich.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

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

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. 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. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Sterling Organization is a vertically integrated, private equity real estate firm focused on investing in retail, LAST HOUR® consumer fulfilment and distribution real estate assets across the risk spectrum in major US markets. The company operates a national platform with offices across the nation and is headquartered in West Palm Beach, Florida.