OC Retail Center Gets New Owner; NewMark Merrill Will Serve as Property Manager
World Premier Investments has purchased the Fullerton Town Center, a grocery-anchored, 220,000-square-foot retail center on Harbor Boulevard in Fullerton, CA. NewMark Merrill, who advised the transaction, will be retained as property manager. Terms were not disclosed.
“NewMark Merrill is always committed to the local community by promoting the businesses and operators as well as supporting the surrounding neighborhood and its residents,” said Sandy Sigal, the firm’s President and CEO. “We will continue to showcase Fullerton Town Center as an integral place to meet the needs of residents in Central Orange County.”
Fullerton Town Center has a 98% national tenant base, including familiar anchor tenants Amazon Fresh, Ross Dress for Less, Five Below, WSS and an AMC Theatre DINE-IN location. Additional regional tenants include Chick-fil-A, Panera Bread, Habit Burger and Jersey Mike’s Subs.
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.