California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Village Plaza at Huntington Harbour Lands New Owners
Village Plaza at Huntington Harbour, a 20,328-square-foot multi-tenant retail center with more than 270 feet of prime Pacific Coast Highway frontage in Huntington Beach, traded hands. Industry sources peg the sale price at $17 million.
Built in 1972 on 1.73 acres, and renovated in 2019, Village Plaza is located at 17196-17236 Pacific Coast Highway. Tenants include Harbor Barber, Secret Spot Restaurant, La Bodega Bottle Shop, Super Mex, Stoney’s Pizza, Sunset Vapor, Riip Beer Co. and Tsunami Sushi.
Maly Realty’s Mel Zelenak represented the buyer, an undisclosed Los Angeles-based private partnership. Hanley Investment Group Real Estate Advisors’ Jeff Lefko, Bill Asher and Beau Velten represented the seller, an unnamed Palm Springs-based private partnership.
Asher says, “The 91%-occupied restaurant and lifestyle-themed shopping center offered the buyer a secure and stable income stream with excellent lease-up potential for the remaining 9% of the shopping center, a prime 1,744-square-foot endcap space.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition




