Citrus Heights Messenger | Apr 14, 2026 12:35PM ● By Thomas J. Sullivan
CITRUS HEIGHTS, CA (MPG) – The purchase of Sunrise Mall from Namdar Realty Group of Long Island, N.Y., by Tallen Capital Partners of Mill Valley is expected to be finalized in 2027, according to CEO Terry Tallen in a telephone interview last week.
His firm is in escrow to purchase about 50 acres of Sunrise Mall which is owned by the Namdar Realty Group, with plans to then sell about 14 acres to the Mettle Shop for construction of the Sunrise Sports Complex which will be built facing Greenback Lane.
Namdar currently owns the 25-acre parcel where the core Sunrise Mall building stands and two 12-acre parcels home to Goodyear Tires, and the buildings which formerly housed Macy’s Men’s and Macy’s Women’s.
The Sunrise Mall property spans nearly 100 acres in Citrus Heights and is currently divided into seven separate parcels owned by five different entities.
Once the sale is complete, Tallen Capital Partners, LLC will assume the role of majority owner and developer for the Sunrise Mall project.
“It’s very early in the process to say how quickly that transaction with Namdar Realty Group will close, given all the details which are involved,” Tallen said.
Tallen said he is especially excited about the project, pointing to productive talks with Citrus Heights city officials since its public announcement, the infrastructure requirements and how construction will unfold once demolition begins.
Tallen is the founder, chairman and chief executive of Tallen Capital Partners and its related subsidiary companies. He leads the company’s multi-disciplinary approach in the acquisition, financing, entitlement and redevelopment of value-add retail, multifamily and mixed-use real estate projects such as Sunrise Mall.
“Our firm has redeveloped other substantial mall and retail properties, but Sunrise Mall is very different in its scope,” Tallen said. “We fully share the city’s vision for what it wants to see in its Sunrise Tomorrow plan.”
Tallen Capital Partners, LLC is partnering with the Mettle Shop to build a state-of-the-art, 160,000-square-foot sports facility on an 11-acre anchor site. At its core is a 4,000-seat multi-use arena designed to host sporting events, concerts and more.
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