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Cadence Capital Investments And Oakwood Real Estate Partners Sell Orange County's Bristol Place Shopping Center For $36.5M

Property Image
SOLD
$36,500,000
Matt Burnett
Kevin Fryman
Edward (Ed) Hanley
+ 1

California

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Retail61,454 SF
Sold 06/06/2023
the dealplayerscompscontact
Property Image
SOLD

Cadence Capital Investments And Oakwood Real Estate Partners Sell Orange County's Bristol Place Shopping Center For $36.5M

3310 S Bristol St Santa Ana, Ca 92704, Usa

See Similar Deals
Retail61,454 SF
Sold 06/06/2023
Matt Burnett
Kevin Fryman
Edward (Ed) Hanley
+ 1
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$593
Total Square Footage:61,454 SF
Transaction Type:Sale

Orange County's Bristol Place, a 61,454-square-foot shopping center located at 3310-3398 South Bristol Street in Santa Ana, has been sold for $36.5 million to a private investor based in Newport Beach. The property, situated on a 5-acre plot, features Target as its shadow anchor and is home to a variety of tenants. At the time of the sale, the shopping center was 89 percent occupied.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $36,500,000
  • Address: 3310-3398 South Bristol Street
  • Market: Santa Ana
  • Acres: 5

The buyer's representative in this transaction was Ron Duong from Marcus & Millichap, while the seller's representatives were Ed Hanley, Matt Burnett, and Kevin Fryman from Hanley Investment Group Real Estate Advisors.

Players

Edward (Ed) Hanley
Hanley Investment Group
Edward Hanley
19 deals$308.6M volume(949) 585-7677
BROKER
Kevin Fryman
Hanley Investment Group
Kevin Fryman
37 deals$539.7M volume(949) 585-7674
BROKER
Matt Burnett
Hanley Investment Group
Matt Burnett
7 deals$77.2M volume
BROKER
Ron Duong
Marcus & Millichap
Ron Duong
3 deals$90.5M volume(949) 350-5431
BROKER

Details

SOLD
IMAGE: Ed Hanley, Matt Burnett, Kevin Fryman & Ron Duong DATE: 06/06/2023 ADDRESS: 3310-3398 South Bristol Street MARKET: Santa Ana ASSET TYPE: Retail ~ ACRES: 5 SELLER: Cadence Capital Investments & Oakwood Real Estate Partners LLC BUYER'S REP: Ron Duong (@RonDuong) - Marcus & Millichap (@MarcusMillichapLosAngeles) SELLER'S REP: Ed Hanley, Matt Burnett & Kevin Fryman - Hanley Investment Group Real Estate Advisors (@HanleyInvestmentGroup) SALE PRICE: $36,500,000 SF: 61,454 ~ PPSF: $594 NOTE: Orange County's Bristol Place, a 61,454-square-foot shopping center, has been sold for $36.5 million to a private investor based in Newport Beach. The property, with Target as its shadow anchor and a variety of tenants, was 89 percent occupied at the time of the sale.

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