Asana Partners Acquires Retail Asset In Huntington Beach From Barings For $151M

The property involved in this transaction is a retail asset located at 7201 West Yorktown Avenue in Huntington Beach. The sale price of the property was $151,000,000, encompassing a total square footage of 253,234, which translates to a price per square foot of $596.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $151,000,000
• Address: 7201 West Yorktown Avenue
• Market: Huntington Beach
• Square Footage: 253,234
• Price per Square Foot: $596
• Buyer: Asana Partners
• Seller: Barings
• Brokers: Gleb Lvovich, Geoff Tranchina & Daniel Tyner - JLL

The transaction was facilitated by brokers Gleb Lvovich, Geoff Tranchina, and Daniel Tyner from JLL, representing the buyer Asana Partners and the seller Barings in this significant retail property sale.