Donahue Schriber buys Gold River Centre
Donahue Schriber, a shopping center owner and developer, has purchased Gold River Centre — anchored by Bel Air Market and Rite Aid — from the Powell Family Trust. Robert Powell, who died in 2007, developed the fully leased shopping center on Sunrise at Gold Country boulevards in Gold River. Donahue Schriber did not disclose the purchase price of the center.
The purchase of Gold River Centre brings Donahue Schriber up to 24 shopping centers in the four-county Sacramento region. Overall, Donahue Schriber has 93 shopping centers operating or under development in California, Nevada, Arizona and Oregon.