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18

Regional Mall Brings $85M

By Tony Seruga

National event in SoCal! Meet the people leading the sector at RealShare Industrial West. The Westin Long Beach, January 19-20.

BUENA PARK, CA—Coventry Real Estate Advisors has sold Buena Park Downtown, a 535,000 square foot region mall in Orange County to Newkoa LLC for $85 million.

CBRE’s Philip Voorhees represented Coventry Real Estate, while Timothy Bower and Johnny Choi represented the buyer.

The mall is currently 93% leased to such recognizable tenants as DSW, TJ Maxx, Bed Bath & Beyond, 24 Hour Fitness and Metroplex Theaters. The mall’s other anchor tenants, not included in this transaction, are Sears and Walmart…

Regional Mall Brings $85M

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