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Moreno Valley is a city in Riverside County, California, United States, and is part of the Riverside–San Bernardino–Ontario metropolitan area.It is the second-largest city in Riverside County by population and one of the Inland Empire's population centers.
The Moreno Valley Mall at Towngate is a shopping mall located on the former site of the Riverside International Raceway in Moreno Valley, California. [2]Developed by Homart Development Company, the initial anchor stores in 1992 were Sears, J. C. Penney, May Company California, and Harris Department Stores and had 140 specialty stores.
In 2021 Federal Realty, a publicly traded real estate investment trust, purchased a majority interest in the center, which had been owned and operated for decades by one family. Reportedly 99 percent of the retail space was occupied at the time of the sale.
Citrus Plaza, along with the adjacent and contiguous Mountain Grove shopping center located in Redlands, California, United States, are owned by Majestic Realty Co. [2] It consists of 520,000 square feet of retail and restaurant space, anchored by Target, Kohl’s, Barnes & Noble at Citrus Plaza and Nordstrom, Hobby Lobby, Ulta and Nike at Mountain Grove.
Ownership of Stoneridge was to change in the next few years as the Taubman shopping center interests, which had become a publicly traded real estate investment trust in 1992, were reorganized in 1998 and the GM Pension Trust assumed full ownership of Stoneridge, retaining Taubman Centers as manager.
Moreno Valley: 212,392 Riverside County: Incorporated in 1984, Moreno Valley lies 65 miles (105 km) east of downtown Los Angeles, just north of Lake Perris. The city is adjacent to the March Air Reserve Base and is a regional center for the warehousing and distribution industries. 22 Oxnard: 202,726 Ventura County