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California  + Orange County  + Retail  | 

Village Plaza at Huntington Harbour Lands New Owners

Village Plaza at Huntington Harbour, a 20,328-square-foot multi-tenant retail center with more than 270 feet of prime Pacific Coast Highway frontage in Huntington Beach, traded hands. Industry sources peg the sale price at $17 million.

Built in 1972 on 1.73 acres, and renovated in 2019, Village Plaza is located at 17196-17236 Pacific Coast Highway. Tenants include Harbor Barber, Secret Spot Restaurant, La Bodega Bottle Shop, Super Mex, Stoney’s Pizza, Sunset Vapor, Riip Beer Co. and Tsunami Sushi.

Maly Realty’s Mel Zelenak represented the buyer, an undisclosed Los Angeles-based private partnership. Hanley Investment Group Real Estate Advisors’ Jeff Lefko, Bill Asher and Beau Velten represented the seller, an unnamed Palm Springs-based private partnership.

Asher says, “The 91%-occupied restaurant and lifestyle-themed shopping center offered the buyer a secure and stable income stream with excellent lease-up potential for the remaining 9% of the shopping center, a prime 1,744-square-foot endcap space.”

For comments, questions or concerns, please contact Dennis Kaiser

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Connect With Maly Realty’s ZelenakConnect With Hanley Investment Group Real Estate Advisors’ Asher

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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