Another Orange County retail property has sold in the latest such transaction in Southern California. Asana Partners acquired the Seacliff Village retail plaza in Huntington Beach for $151 million, Commercial Observer reported. Barings sold the 253,234-square-foot property, marking the first time the site came under new ownership since its redevelopment in the early 2000s. JLL arranged approximately $84 million in acquisition financing for the deal, according to CO. The lender’s identity was not disclosed. Seacliff Village is anchored by an Albertsons and has several dozen retail businesses, medical offices and banks as tenants, including PetSmart, Staples, L.A. Fitness and Chipotle. […]
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