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7/15/26
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In a South OC retail buy, Asana Partners purchased Crown Valley Mall, a 62.6k sf, grocery-anchored shopping center in Laguna Niguel, for $20.5 mil ($327/sf) in an all-cash deal. The seller was a private family that had owned the property since it was originally built in 1969.
Crown Valley Center, located at 30252 Crown Valley Pkwy, is anchored by Smart & Final and features such tenants as Baja Fish Tacos, Dominos, Avis and local shops. The property is situated in the heart of South Orange County surrounded by affluent demographics, multimillion dollar residences and coastal amenities. The property offered unique upside potential for a grocery anchored neighborhood center with extremely high barriers to entry.
A JLL Capital Markets Sales and Advisory team representing the seller was led by Managing Director Daniel Tyner and Senior Managing Directors Gleb Lvovich and Geoff Tranchina.
"This required creative structuring to bridge the interests of a long-term family owner and an institutional buyer,” commented Lvovich. “The asset's compelling fundamentals: prime South Orange County location, with significant rental upside, made it worth navigating the complexities.”
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