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California  + Retail  | 

Village at Orange Trades for $85M

Holliday Fenoglio Fowler, L.P. (HFF) closed the $84.5-million sale of a 468,000-square-foot portion of The Village at Orange in Orange, CA. The Village at Orange is an 850,000-square-foot retail center that also includes a Sears and JCPenney store, which were not included in the deal.

Currently undergoing redevelopment, the roughly 61-acre site incorporates an indoor regional mall that’s partially being converted to open-air retail, as well as a smaller adjoining community center component. Tenants at the the 92%-leased center include Walmart, Trader Joe’s, Sprouts Farmers Market, Ross Dress for Less, Ulta, Home Goods, Party City and PetSmart.

HFF’s Bryan Ley, Gleb Lvovich and CJ Osbrink handled the transaction, on behalf of an undisclosed institutional seller to an unnamed institutional investor.

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Read more at HFFConnect With HFF’s Ley

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as 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, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Development
  • ◦Sale/Acquisition