
La Habra Shopping Center Trades in 1031 Deal
JLL Capital Markets closed the sale of The Row on Harbor, a 23,314-square-foot, newly renovated retail strip center located in La Habra. A JLL team led by senior director Daniel Tyner and managing directors Gleb Lvovich and Geoff Tranchina worked alongside the seller, DMI Real Estate Group. A 1031, all-cash buyer acquired the asset for an undisclosed sum.
Renovated in 2020, The Row on Harbor is 100% leased to 14 tenants with primarily food and service uses with strong followings in the local community. Notable tenants include EggBred, AkaFuji, Furai Chicken, Bodhi Leaf Coffee Traders, Code Ninjas and Club Pilates.
“It is very rare that high-quality strip centers in Orange County come to the market,” said Tyner. “We are pleased to have worked alongside the seller and look forward to continuing to watch this property perform at a high level for many years to come.”
- ◦Sale/Acquisition