Tourmaline Capital Acquires Retail Property In Anaheim For $16.7M

The retail property located at 6300 Santa Ana Canyon Road in Anaheim was sold for $16,700,000. The asset spans a total of 67,528 square feet, resulting in a price per square foot of $247. The transaction took place on 03/05/2024, involving Tourmaline Capital as the buyer and RP Commercial as the seller. The brokerage team from JLL, consisting of Daniel Tyner, Gleb Lvovich, and Geoff Tranchina, represented both parties in the deal.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $16,700,000
• Buyer: Tourmaline Capital - Jonathan Cheng
• Seller: RP Commercial - Chris Vella
• Brokers: Daniel Tyner, Gleb Lvovich & Geoff Tranchina - JLL
• SF: 67,528
• PPSF: $247
• Address: 6300 Santa Ana Canyon Road, Anaheim
• Market: Anaheim

Daniel Tyner, Gleb Lvovich, and Geoff Tranchina from JLL played pivotal roles as the brokers orchestrating the successful sale of the retail property. The buyer, Tourmaline Capital, led by Jonathan Cheng, and the seller, RP Commercial, led by Chris Vella, were instrumental in finalizing the transaction. Each party contributed their expertise to ensure a smooth and efficient sale of the property in Anaheim, showcasing the collaborative effort behind this significant deal.