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6/24/22
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A group led by World Premier Investments has acquired Fullerton Town Center, a 219.9k sf, grocery-anchored neighborhood retail center located at the intersection of Harbor Blvd and Orangethorpe Ave in the Central Orange County city of Fullerton. The price was not disclosed.
Fullerton Town Center boasts a 98% national tenant base, including industry-leading national anchor tenants Amazon Fresh, Ross Dress for Less, Five Below, WSS and a high-performing AMC Theatre DINE-IN location with exclusive food, beverage, and elevated service offerings. Shadow anchored by a 134.2k sf Costco, additional national and regional tenants within the shopping center include Chick-fil-A, Jack in the Box, Chipotle, Panera Bread Factory, Habit Burger, Jersey Mike’s Subs, Fast 5 Express Wash, and Banfield Pet Hospital.
The buyer was advised in the transaction by NewMark Merrill, which will serve as property manager of center. Under NewMark Merrill’s management, the center will focus on high quality tenants, consumer experiences and premier customer service. Currently, the company owns and/or manages a portfolio of over 95 shopping centers valued at more than $2.5 bil in California, Colorado, and Illinois.
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