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ROIC Buys The Village at Nellie Gail Ranch for $46M
San Diego-based Retail Opportunity Investment Corporation (ROIC) acquired The Village at Nellie Gail Ranch from Vintage Real Estate for $46 million. The 88,486-square-foot, grocery-anchored shopping center is located in South Orange County at 26532-62 Moulton Parkway in Laguna Hills, CA.
Developed in 1987 and renovated in 2015, the 98.3%-occupied center is anchored by Smart & Final Extra, and features a diverse mix of tenants including MOD Pizza, Chuck E. Cheese’s, Cycle Bar and BLS Nail Resort.
JLL’s Dave Monahan, Geoff Tranchina and Cameron Pittman represented the seller. ROIC was self-represented.
Tranchina says, “The Village at Nellie Gale Ranch was a unique opportunity for ROIC to acquire a rare coastal Orange County grocery-anchored asset, located inside of a tightly-controlled master-planned community.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition




