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California  + Orange County  + Retail  | 

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

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., 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, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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