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DRA Advisors and CenterCal Acquire Fig Garden Village in Fresno, California
- On May 9, 2025, DRA Advisors and CenterCal finalized their purchase of Fig Garden Village, a leading open-air shopping center situated in Fresno, California.
- This acquisition followed a strategic partnership aiming to expand a portfolio of high-performing retail properties that emphasize community and experience.
- Fig Garden Village covers close to 300,000 square feet and features a vibrant mix of national, regional, and local brands, such as the area's sole Pottery Barn, along with Williams Sonoma and Banana Republic.
- Dan Goldman, who leads West Coast Operations at DRA Advisors, expressed enthusiasm about acquiring Fig Garden Village and collaborating with CenterCal to upgrade and rejuvenate this well-known location.
- The partnership plans to introduce new tenants, upgrade amenities, and maintain Fig Garden Village as a vibrant, welcoming destination, highlighting its strong community roots and prime location.
25 Articles
25 Articles
DRA Advisors and CenterCal Acquire Fig Garden Village in Fresno, California
Iconic Central California Shopping Center Joins Joint Venture Portfolio EL SEGUNDO, Calif., May 12, 2025 /PRNewswire/ -- CenterCal, in partnership with DRA Advisors, is proud to announce the acquisition of Fig Garden Village, a premier open-air retail destination located in Fresno, California. The transaction officially closed on May 9, 2025, marking a strategic addition to the joint venture's expanding portfolio of high-performing retail proper…
Investors Buy Fig Garden Village. How Much Did It Sell For?
Two investment companies purchased the “premier” Fig Garden Village Shopping Center, saying they want to add new tenants and upgrade the Fresno property. “Fig Garden Village is an exciting acquisition, and we’re thrilled to partner with CenterCal to enhance and revitalize this iconic property,” said Dan Goldman, head of West Coast operations at DRA Advisors in a news release. “Together, we plan to introduce dynamic new tenants, upgrade key ameni…
CenterCal, DRA Advisors Acquire Fig Garden Village in Fresno, California
Fresno, Calif. — A partnership between CenterCal Properties and DRA Advisors has acquired Fig Garden Village, a 300,000-square-foot lifestyle center located in Fresno. Originally developed in 1956 as part of… The post CenterCal, DRA Advisors Acquire Fig Garden Village in Fresno, California appeared first on Shopping Center Business.
Fresno’s Fig Garden Village sold to new investors with plans for upgrades, tenant expansion
Fig Garden Village, one of Fresno’s oldest shopping centers, has been acquired by a pair of commercial real estate companies. The new owners are DRA Advisors, a New York-based investment advisory firm and CenterCal, a full-service commercial real estate company based in Costa Mesa, California. Fig Garden Village was the first of Fresno’s regional shopping centers, developed by Ellen and Allen Funch in 1956. It has had a lineup of owners over th…
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