Imperial Valley Mall Acquired by Tryperion Holdings and Peak Financial Partners
Deal News | Feb 26, 2025 | EIN

Tryperion Holdings and Peak Financial Partners have announced their acquisition of the Imperial Valley Mall located in El Centro, California. The new ownership signals a strategic transition aimed at revitalizing what has been a significant retail destination since 2005. Plans involve significant upgrades to the mall's infrastructure, enhancing both retail and community spaces to better cater to local and cross-border shoppers. This includes diversifying its retail mix and integrating a wider array of dining and entertainment options to serve broader community needs. The acquisition also includes an additional 65 acres of adjacent land for further development. Key statements from stakeholders highlight a commitment to reposition the mall as a vibrant community hub through collaboration with tenants and other stakeholders. CBRE has been enlisted for ongoing property and leasing management, underscoring the project's commitment to leveraging experienced partners. This venture reflects a shared vision of enhancing community engagement and economic impact within the region.
Sectors
- Real Estate
- Retail
- Investment Management
Geography
- United States – The Imperial Valley Mall is located in El Centro, California, within the United States.
- California – Specific focus on the El Centro region and its demographics in relation to the retail and community potential of the Imperial Valley Mall.
Industry
- Real Estate – The acquisition discussed involves prominent real estate companies focusing on retail development and property management.
- Retail – The central focus of the article is on improving the retail experience at the Imperial Valley Mall.
- Investment Management – Tryperion Holdings and Peak Financial Partners specialize in real estate investments, which is a core part of this acquisition.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Imperial Valley Mall | Target | Company | The retail mall that has been acquired by Tryperion Holdings and Peak Financial Partners. |
Tryperion Holdings | Buyer | Company | A real estate investment manager involved in acquiring Imperial Valley Mall. |
Peak Financial Partners | Buyer | Company | A company specializing in asset and property management, part of the acquisition team. |
CBRE | Property Manager | Company | The global commercial real estate firm engaged to manage ongoing property and leasing services for the mall. |
Jeff Karsh | Partner | Person | Partner at Tryperion Holdings involved in the acquisition. |
Gil Priel | Managing Partner | Person | Managing Partner at Peak Financial Partners, providing a statement in the article. |