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Space Investment Partners Snags Costa Mesa Retail Center
Irvine-based Space Investment Partners acquired Westport Plaza & Square, a 39,000-square-foot leasehold retail center located in Costa Mesa, CA from Wohl Investment Company for $18.4 million. The property is located in the heart of the E. 17th Street retail corridor at 369 E. 17th St.
Wohl Investment Co. curated a quintessential retail center tenant lineup over a 25-year hold period that caters to this coastal Orange County neighborhood and its A+ demographics.
Built in 1975 and renovated in 2002 and 2018, the property is 100% leased to a top-tier collection of unique eateries, restaurants, and high-end clothing and furnishing boutiques, many of which have occupied the center for more than 10 years. Tenants include Etoile on 17th, Plums Café and Catering; Common Thread, and Shunka Sushi, among others.
CBRE’s National Retail Partners-West team of Philip Voorhees, Jimmy Slusher and Sean Heitzler represented the seller.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition




