PRLog - Sep. 29, 2011 - TUSTIN, Calif. -- TUSTIN, CALIF. - Coreland Companies of Tustin, Calif., one of the largest real estate service companies based in California, announced today it has brokered 5 transactions in Orange and Riverside counties for a total consideration of more than $6 million.
Dollar Tree at Magnolia Square
Coreland Companies exclusively represented seller, Huntington Center LLC, in the sale to Danforth Holdings of Santa Ana, Calif., in the sale of the leasehold interest of Huntington Beach Shopping Center located at 7212 Edinger Avenue in Huntington Beach, Calif. The 10-acre shopping center contains a vacant Albertsons, a Toys ‘R Us and has approximately 22 years remaining on the ground lease. The seller was represented by Matt Hammond, Director, and Ben Terry, Senior Associate, with the Retail Brokerage division of Coreland Companies. The buyer represented itself.
Coreland Companies’ Steven Hogberg, Senior Vice President of the Brokerage division, represented the seller, Cambridge Park Partners, in the sale of a 7,783-square-
Dollar Tree signed a 5-year, 9,150-square-
Deseret Book Company signed a 7-year, 5,994-square-
Family Dollar signed a 10-year, 10,000-square-
“We continue to be very busy with leasing and sales activity throughout our portfolio, and well-located and well-positioned retail properties, such as these, prove there are still buyers and quality tenants in the market that are expanding and doing deals," Hogberg said.
“Discounters are still very active in the marketplace,"
Coreland Companies is a full-service commercial real estate company with expertise in retail, office and industrial properties. Coreland Companies is based in Tustin, California with offices in Utah and throughout Southern California. For more information, please call the company’s headquarters at (714) 573-7780 or visit www.coreland.com.