January 20, 2016 Comments Off on CBRE Team Sells $85M Orange County Retail Center Views: 621 California News, Orange County

CBRE Team Sells $85M Orange County Retail Center

Buena Park Downtown, a 535,000-square-foot regional mall in Orange County, recently traded hands in an $85-million transaction completed by a team of CBRE brokers.

Sources say the 93-percent leased property was acquired by Newkoa LLC, which was represented by CBRE’s Timothy Bower and Johnny Choi. CBREs Philip Voorhees represented the seller, New York-based Coventry Real Estate Advisors. 

The repositioned site at 8308 on the Mall in Buena Park, one of five regional malls in Orange County, is adjacent to Knotts Berry Farm. It is home to such retailers as DSW, TJ Maxx, Bed Bath & Beyond, 24 Hour Fitness and Metroplex Theaters. The malls other anchor tenants, not included in this transaction, are Sears and Walmart.

Connect With CBRE’s Voorhees

Connect with CBRE’s Bower

Connect With CBRE’s Choi

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