CHARLOTTE, N.C.–(BUSINESS WIRE)–Barings, one of the world’s leading alternative investment managers, today announced the $66.2 million acquisition of Village Center at Rose, a 118,876-square-foot, grocery-anchored shopping center in Placentia, California. “The acquisition of Village Center at Rose, anchored by a dominant grocer, further advances our strategy to invest in necessity-based retail, with a focus on strengthening portfolio income durability and cash flow visibility,” said Kevin Mil