United States, March 6 -- JLL Capital Markets announced today that it has arranged the $123.535 million sale of Del Monte Shopping Center, a 675,088-square-foot retail property in Monterey, California.JLL worked on behalf of the seller, American Assets Trust, Inc. The buyer was Federal Realty Investment Trust.Del Monte Shopping Center, located at 1410 Del Monte Ctr., sits at the gateway to the Monterey Peninsula along Pacific Coast Hwy., offering exceptional visibility and accessibility. The area is home to 89,001 residents and features five of America's top 100 golf courses, including Pebble Beach and Spyglass Hill, among others. The Peninsula boasts an average home value of $1,147,217, average household income of $135,864 and $15.8 billio...