Retail Plaza Fetches $24.4 Million

IRVINE, CA-A locally based investment group acquires the 341,000-sf Moreno Valley Plaza.

By David W. Myers | December 26, 2000 at 01:01 AM

The complex, known as Moreno Valley Plaza, stands at 23585-23965 Sunnymead Blvd. It was acquired by Orange County's Park Center Associates.

Alan Krueger and Richard Longobardo of Marcus & Millichap Real Estate Investment Brokerage Co. represented Park Center Associates and the seller, Colorado-based Lamar Cos.

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.

1 The Most Precarious Housing Markets in the U.S. Right Now

2 Nine Renters for Every Vacancy Signal Ongoing Apartment Shortage

3 Southern Cities Face Apartment Glut with Falling Occupancy Rates

4 Kayne Anderson Real Estate Now Has $4.6b in Dry Power for CRE Debt and Equity Investments

5 Cohen & Steers Makes $300M Bet on West Coast Office REIT

Real Estate
GlobeSt. ELITE Women of Influence (WOI) 2025
July 21, 2025 - Denver

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Real Estate
GlobeSt. Multifamily Fall 2025
October 15, 2025 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information
Consulting
Consulting Top Consultants 2025
June 26, 2025 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information

CRE Investors Bet on Santa Monica Retail Building Awaiting Upgrades

By Richard Berger | June 18, 2025

Tova Capital joins with Shopton Capital on a $5.5 million deal.

CRE Investors Bet on Santa Monica Retail Building Awaiting Upgrades

Resilient Salon Suites Outperform Retail Peers During Economic Downturns

By Anthony Russo | June 18, 2025

"Landlords get more aggressive on deal terms," says Jason Olsen.

Resilient Salon Suites Outperform Retail Peers During Economic Downturns

Columbia Retail Records Negative Absorption but Vacancy Remains Low

By Anthony Russo | June 18, 2025

Overall, the market seems steady.

Columbia Retail Records Negative Absorption but Vacancy Remains Low

2025 State of Renter Delinquency and Default link

Report

Sponsored by TheGuarantors

2025 State of Renter Delinquency and Default

Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.

Browse More Resources ›

CRE Property Management Assessment: Your Building Operations Scorecard link

Assessment

Sponsored by Building Engines

CRE Property Management Assessment: Your Building Operations Scorecard

How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.

Browse More Resources ›

5 Strategic Moves to Protect Your Multifamily NOI in 2025's Squeeze link

White Paper

Sponsored by TheGuarantors

5 Strategic Moves to Protect Your Multifamily NOI in 2025's Squeeze

Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.

Browse More Resources ›