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Two Trusts Trade Mission Viejo Village Plaza

37,000-SF Strip Center Sold for $11M
February 2, 2018
A family trust sold the Mission Viejo Village Plaza at 25280-25282 Marguerite Pky in Mission Viejo, CA to a living trust or $11 million, or approximately $297 per square foot.

Constructed in 1975, the 37,022-square-foot retail strip center is anchored by Stein Mart and was fully leased at the time of sale.

Paul Bitonti of Marcus & Millichap represented both parties in the sale.

Please see CoStar COMPS #4114129 for more information on this transaction.
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