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Long Beach, California, retail trades for $30 million

Private investor snags parts of the Mosaic shopping center
The retail portion of the Griffis Pine Avenue development was one of six properties in the Mosaic center included in the sale. (CoStar)
The retail portion of the Griffis Pine Avenue development was one of six properties in the Mosaic center included in the sale. (CoStar)
By Zahra Ihsan with
CoStar Research
July 13, 2026 | 5:08 P.M.

A private individual acquired a retail portfolio, part of the Mosaic shopping center in Long Beach, California, from a joint venture of Waterford Property Co., Monument Square Investment Group and Turnbridge Equities for $30 million, or $203 per square foot.

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