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California  + Orange County  + Retail  | 

Continental Realty Enters SoCal Market with OC Retail Buy 

Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 11 states, has entered the Southern California retail real estate market with its acquisition of the South Coast Collection (SoCo) in Costa Mesa. A 97% leased, 292,000-square-foot luxury home furnishing and design lifestyle center, the property reportedly traded for more than $100 million in one of 2023’s largest single-asset retail deals.  

Eastdil Secured managing director Christopher Hoffman and director Mark Damiani represented the seller. CRC has now acquired nearly $740 million worth of retail real estate over the past three years. 

Constructed in 2007 and located at 3303-3323 Hyland Ave. in Costa Mesa, SoCo also contains The OC Mix, a 15,000-square-foot shopping and dining experience. “South Coast Collection is the only shopping venue of its kind in an extensive, high-net-worth trade area,” said Josh Dinstein, SVP, acquisitions for CRC. 

Don’t miss Connect Retail West on November 16 at Luxe Sunset Blvd Hotel. Connect in person with retail CRE experts like Madison Marquette, Head of Retail Research, Meghann Martindale 

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Inside The Story

CRC's Dinstein

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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