Business
Arc Capital Partners and U.S. Realty Partners Announce the Recapitalization of Murrieta Town Center
LOS ANGELES, January 07, 2026--Arc Capital Partners ("Arc"), an institutional real estate owner and investment manager focused on middle-market capital solutions, announced today that it has completed an investment in the recapitalization of Murrieta Town Center, a 380,000-square-foot, grocery-anchored retail center located in Murrieta, California. Arc partnered with U.S. Realty Partners ("U.S. Realty"), replacing the prior joint venture partner.

About this update from Five Below, Inc.
[{"type":"text","content":"LOS ANGELES, January 07, 2026--(BUSINESS WIRE)--Arc Capital Partners ("Arc"), an institutional real estate owner and investment manager focused on middle-market capital solutions, announced today that it has completed an investment in the recapitalization of Murrieta Town Center, a 380,000-square-foot, grocery-anchored retail center located in Murrieta, California. Arc partnered with U.S. Realty Partners ("U.S. Realty"), replacing the prior joint venture partner.","length":487,"tagName":"p"},{"type":"text","content":"Murrieta Town Center is a leading community retail destination serving southwest Riverside County and the Inland Empire. The center is anchored by Amazon Fresh and features a national tenant mix that includes Marshalls, Ross, Burlington, Five Below, Dollar Tree, and Floor & Decor. The center benefits from prominent visibility along Interstate 215 and serves a rapidly growing residential trade area supported by strong daily-needs retail demand.","length":451,"tagName":"p"},{"type":"text","content":"Under prior ownership, more than $45 million was invested in capital improvements and remerchandising initiatives to modernize the center, enhance the tenant mix, and reposition the asset. As a result, Murrieta Town Center is approximately 90% leased today and continues to attract national and regional retailers. Arc’s investment reflects its focus on providing structured equity and recapitalization capital to support best-in-class local operators through the next phase of execution.","length":488,"tagName":"p"},{"type":"text","content":""This investment reflects the type of partnership we look to build – where our capital supports a clear long-term vision and provides flexibility to execute," said Neville Rhone, Co-Founder and Managing Partner of Arc Capital Partners. "Murrieta Town Center serves a growing community, and we believe the center’s scale, tenant mix, and location position it well for strong performance."","length":407,"tagName":"p"},{"type":"text","content":"Quincy Allen, Co-Founder and Managing Partner of Arc Capital Partners, added, "Grocery-anchored retail continues to demonstrate resilience, particularly when it is well-located and actively curated. U.S. Realty has done an excellent job repositioning the center, and we are pleased to support the next chapte...