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L Catterton Announces Strategic Partnership to Redevelop South Bay Galleria

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Partnership to transform South Bay Galleria into LA's newest mixed-use destination

L Catterton Real Estate, the real estate investment and development arm of global private equity firm L Catterton, is strategically partnering with QIC Global Real Estate to deliver Los Angeles's newest mixed-use destination. Working in tandem with the local community, L Catterton and QIC will jointly redevelop South Bay Galleria in Redondo Beach, California, into an iconic, retail-led urban hub that features commercial and accommodation space, improved transport and bicycle connections, and substantial public space.

Barack Ferrazzano acted as counsel in advising L Catterton in this transaction. The Firm's team was led by partners Andrew R. Grossmann, Julie K. Rademaker, and Matthew A. Jackson, as well as associates Robert F. Cameron, Sindhoo Nackeeran, and Brandon P. Knop.

To learn more about this transaction, visit: https://finance-yahoo-com.cdn.ampproject.org/c/s/finance.yahoo.com/amphtml/news/l-catterton-real-estate-qic-123000274.html

About L Catterton Real Estate

With over $15 billion of equity capital across six fund strategies in 17 offices globally, L Catterton is the largest consumer-focused private equity firm in the world. L Catterton's team of more than 180 investment and operating professionals partners with management teams around the world to implement strategic plans to foster growth, leveraging deep category insight, operational excellence, and a broad thought partnership network. Since 1989, the firm has made over 250 investments in leading consumer brands. L Catterton was formed through the partnership of Catterton, LVMH, and Groupe Arnault.

For more information about L Catterton, please visit lcatterton.com.

 

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