Triple Net Properties recently announced the sale of Timberhills Shopping Center in Sonora, Calif., on behalf of tenant-in-common investors.


The transaction was valued at $11.8 million.


Timberhills Shopping Center is a 102,407-square-foot retail center situated at the intersection of Highway 108 and Greenley Road in Sonora, and is anchored by Ross Dress for Less and Save Mart, which together occupy 74 percent of the leasable area. The property was 98 percent occupied at the time of the sale.


Timberhills also features well known tenants including Baskin Robbins, General Nutrition Center, and Sonora Hospital.


Bill Rose of Marcus & Millichap represented the buyer, Read Investments, in the transaction. Alan Krueger of Marcus & Millichap represented the tenant in common sellers.


Triple Net Properties, LLC offers a diverse line of investment products as well as a full-range of services including asset and property management, brokerage, leasing, analysis and consultation.


What’s your opinion? Send your Letter to the Editor to

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription