Fred Sands quietly builds retail real estate empire

12/6/2013 | Los Angeles Times (tiered subscription model)

Fred Sands, known for building the biggest independent residential real estate brokerage in California, has also built a portfolio of shopping centers. He has acquired 1 million square feet of shopping centers in the past 12 months and will have secured 2.5 million more square feet in early 2014. His company is picky about the retail centers it acquires, he says, turning down 50 for every one it purchases.

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