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Costa Mesa, Calif. — Space Investment Partners has completed the $11 million renovation of The Ranch at Newport Bay, a retail center located in Costa Mesa. Irvine Ranch Market anchors the property, which totals 60,000 square feet. The renovation project included the expansion of the anchor tenant’s space by 2,500 square feet. Verde recently signed a lease at the center, bringing the development to full occupancy. Other tenants at the property include Nike Training Studio, XPT Studio, Del Mar Wellness, Coffee Dose and Tiny Tooth Pediatric Dentistry. Space Investment Partners acquired the center in 2019.