CBRE Arranges $55.7 Million Sale of Retail Center in Orange County

Costa Mesa, Calif. — CBRE has arranged the $55.7 million sale of The Triangle, a 204,523-square-foot restaurant and retail center in Costa Mesa, a city in Orange County.

Philip Voorhees, Jimmy Slusher, Kirk Brummer, Megan Wood, Preston Fetrow, Matt Burson and John Read of CBRE arranged the transaction on behalf of the seller, a partnership led by Greenlaw Partners. A Los Angeles-based family office syndicate acquired the asset. At the time of sale, The Triangle was 94 percent leased to tenants including Yard House, 24 Hour Fitness, Tavern & Bowl, Triangle Cinemas and TIME Nightclub.