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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.
- ◦Sale/Acquisition


