Continuum Analytics Acquires Kaleidoscope Mall In Mission Viejo For $33.5M

The Kaleidoscope mall in Mission Viejo, CA, was sold for $33.5 million in a recent transaction. The property spans across 4.9 acres and is located at 27741 Crown Valley Parkway. The retail asset, covering an area of 243,000 square feet, has a price per square foot of $138. The market where the transaction took place is Mission Viejo.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $33,500,000
• Address: 27741 Crown Valley Parkway
• Market: Mission Viejo
• Acreage: 4.9

Continuum Analytics, represented by Michael Kluchin, acquired the Kaleidoscope mall. The seller, Westport Capital Partners LLC, was represented by Sean F. Armstrong. The property had previously been only half-occupied, but it has now reached a occupancy rate of over 70%. There are plans in place to revitalize the remaining space and explore potential redevelopment opportunities.