Onni Acquires Retail Property On East Pacific Coast Highway In Long Beach For $67.9M

6500 East Pacific Coast Highway, Long Beach, CA, USA

$67,900,000

$252/SF

Building Size

268,811 SF

Asset Type

Retail

Closing

Dec 2, 2021

AI

On December 2, 2021, a retail property was sold in Long Beach located at 6500 East Pacific Coast Highway. The property spans approximately 6.17 acres and was transacted for a sale price of $67,900,000. The buyer of the property was Onni, while the seller was Regency Centers.

Summary of transaction details

Property Type: Retail
Transaction Amount: $67,900,000
Address: 6500 East Pacific Coast Highway, Long Beach
Market: Long Beach
Brokers: Kevin Shannon, Bill Bauman, Ken White, Chris Benton & Anthony Muhlstein - Newmark

The deal was facilitated by brokers Kevin Shannon, Bill Bauman, Ken White, Chris Benton, and Anthony Muhlstein from Newmark. They played a crucial role in representing both the buyer and seller throughout the transaction process.

Players