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

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.