Garden Grove, Calif. – Garden Grove Festival Square sits on a 3.07-acre site directly across from the Brookhurst Triangle, a planned 600-unit residential development.
Hesperia, Calif. – The building is within the Midtown Square Shopping Center, also anchored by a recently opened Stater Bros. and Orchard Supply Hardware.
Lake Forest, Calif. – According to CoStar, the 4.8 percent cap rate was a record low for a non-anchored retail strip center sale in south Orange County.