St. Louis Rams owner Stan Kroenke’s Kroenke Group, a Columbia, Mo., real estate investor and developer, acquired a portfolio of five retail properties in the San Fernando Valley last month for $115 million.

The firm purchased the five Northridge shopping centers, totaling 268,362 square feet, from New York investment firm Angelo Gordon & Co. At $429 a square foot, the deal surpassed the $387-a-square-foot average sale price for retail properties in the Valley, according to CoStar.

The portfolio consists of 19320, 19350 and 19324-19352 Nordhoff St., and 8941-8959 and 9001 Tampa Ave. All of the properties were between 76 percent and 100 percent leased at the time of the sale. Tenants include Lane Bryant Inc., 24 Hour Fitness, Bed Bath & Beyond Inc. and Petsmart Inc.

Eastdil Secured represented the seller in the sale, and did not respond to requests for comment. Representatives of Kroenke Group, which represented itself in the transaction, did not respond to requests for comment. Angelo Gordon & Co. also did not respond to requests for comment.

Kroenke’s plans for the properties are unclear. Long before he became a National Football League owner, the bread and butter of Kroenke’s estimated $6.3 billion fortune was made developing shopping centers and warehouses across the country, many of them anchored by Wal-Mart Stores Inc. (Kroenke is married to a niece of Wal-Mart founder Sam Walton.)

Kroenke is already heavily invested in Los Angeles. He owns a home in Malibu and, more recently, bought a 60-acre site in Inglewood from Wal-Mart and is partnering with the developers of Hollywood Park on a proposed $1.86 billion football stadium on the joined sites.