FCA Purchases Property At 1870 Harbor Blvd Costa Mesa For $55.7 Million With CBRE Representation

The Triangle is a restaurant and retail center located at 1870 Harbor BLVD, Costa Mesa, CA 92626. The property spans 204,523 square feet and was sold for $55,700,000. At the time of the sale, it was 94 percent leased to tenants, including Yard House, 24 Hour Fitness, Tavern & Bowl, Triangle Cinemas, and TIME Nightclub, making it a significant asset in the Costa Mesa market.

Summary of transaction details:

• Property Type: Restaurant and Retail Center
• Transaction Amount: $55,700,000.00
• Address: 1870 Harbor BLVD, Costa Mesa, CA 92626
• Market: Costa Mesa
• Seller's Representatives: Kirk Brummer - CBRE, Matt Burson - CBRE, Megan Woodring - CBRE, John Read - CBRE
• Brokers: Jimmy Slusher - CBRE
• Buyer: FCA
• Seller: Partnership led by Greenlaw Partners

The transaction was facilitated by Philip Voorhees, Jimmy Slusher, Kirk Brummer, Megan Wood, Preston Fetrow, Matt Burson, and John Read of CBRE. This group worked on behalf of the seller, while the buyer was represented by a Los Angeles-based family office syndicate.