Is Build-to-Suit, Multi-Tenant Retail Becoming an OC Trend?

A rendering of 303 3rd St., which Flinn West has fully renovated and is leasing for build-to-suit spaces.

HUNTINGTON BEACH, CA—Customized retail space is hard to find, opening the door for buildings that cater to services, restaurants, salons, exercise studios and unique retailers that work well in a downtown-foot-traffic market, Flinn West’s president Jayne Flinn tells GlobeSt.com. The Newport Beach, CA-based firm that specializes in the development, management and marketing of commercial real estate in the southwestern US, recently completed a renovation of 303 3^rd St., a 15,109-square-foot building in Downtown Huntington Beach, CA, which it is now leasing for build-to-suit retail spaces.

The building has received all interior upgrades, including structural, electrical, HVAC and plumbing, along with a new exterior look, including a new roof, façade, storefront glass, hardscape, a new lobby and elevator, lighting, signage and canopies. Parking is available in the primary city garage directly across the street as well as street-metered parking throughout the Downtown area.