Paragon Commercial Acquires Rusty Leaf Plaza in Metro Los Angeles

Rusty Leaf Plaza will be anchored by a flexible format Target store, and is home to a mix of national and regional tenants. Rusty Leaf Plaza will be anchored by a flexible format Target store, and is home to a mix of national and regional tenants.

Orange, Calif. — Paragon Commercial Group LLC has acquired Rusty Leaf Plaza, a 60,294-square-foot shopping center located roughly 30 miles outside Los Angeles in Orange.

Formerly anchored by Ralphs supermarket, Rusty Leaf Plaza will be repositioned in the coming months to feature a flexible format Target store as the new anchor. The 41,700-square-foot Target is expected to open in October 2017. CJ Osbrink of HFF sold the property on behalf of the seller, Rusty Leaf Plaza LLC. 

More News