Onni Acquires Retail Property On East Pacific Coast Highway In Long Beach For $67.9M | 6500 East Pacific Coast Highway | Bill Bauman, Kevin Shannon, Ken White, Anthony Muhlstein | Retail | Sale

Summary

Sale

CALIFORNIA

Retail

268,811 sqft

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

All
5

Agents
4
Agencies
1

Bill Bauman

Vice Chairman

$536.5M Sold

Kevin Shannon

Co-Head of U.S. Capital Markets

$4.9B Sold

Ken White

Executive Managing Director

$3.6B Sold

Anthony Muhlstein

Managing Director

$540.9M Sold

Details

Deal Summary

SOLD

IMAGE: Kevin Shannon, Chris Benton, Bill Bauman, Ken White & Anthony Muhlstein DATE: 12/02/2021 ADDRESS: 6500 East Pacific Coast Highway MARKET: Long Beach ASSET TYPE: Retail ~ ACRES: 6.17 BUYER: Onni SELLER: Regency Centers BROKERS: Kevin Shannon, Bill Bauman, Ken White, Chris Benton & Anthony Muhlstein - Newmark SALE PRICE: $67,900,000

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Address6500 East Pacific Coast Highway

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