The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
November 19, 2019
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



HOME PAGE NEWS
Printer-friendly Version   Email an Associate
Space Investment Partners Closes $24.5 Mil Acquisition in Costa Mesa

3/26/19

Space Investment Partners has acquired Back Bay Center, a 58k sf, mixed-use retail and office property in Costa Mesa, in a $24.5 mil transaction. The property is located at 2651-2675 Irvine Ave, just south of confluence of the 55 and 73 freeways.

Back Bay Center, built in 1980, is 98% leased with successful tenants that include specialty grocer Irvine Ranch Market, who has been there for almost 40 years, along with a number of medical services such as acupuncture and cryotherapy as well as beauty and fitness that include Burn Bootcamp and Pop Lash and Beauty Bar. The center has remained 98% leased for the past five years.

Space Investment Partners plans to investment a significant amount of money to renovate the property and strategically enhance the tenant mix for the local community, according to Space Investment Partners Managing Partner and Co-Founder Ryan Gallagher.





Return to the Archive page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media