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California  + Retail  | 

HFF Closes Neighborhood Retail Center Deal

Holliday Fenoglio Fowler, L.P. (HFF) closed a $15.85-million sale of Home Ranch Center, a 54,169-square-foot, value-add neighborhood shopping center in Yorba Linda, CA. HFF marketed the property on behalf of the seller, YL Friends Church. The buyer was a private Beverly Hills real estate investment group.

Situated on 4.9 acres at 18601-18659 Yorba Linda Blvd., the center is in an infill location. Home Ranch Center comprises three buildings leased to such national and regional tenants as Blue Agave, Edible Arrangements, State Farm Insurance and Papa John’s.

HFF’s CJ Osbrink and Gleb Lvovich represented both parties in the transaction.

HFF’s Osbrink says it is seeing higher demand for value-add retail properties, especially in high barrier to entry markets with affluent demographics, such as Yorba Linda.

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Read More at HFFConnect with HFF’s Osbrink

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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