Allied Commercial Investments, a privately held real estate investment and development company based in Cypress, California, recently closed on the acquisition of 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.
Long Beach, California, retail trades for $30 million
Allied Commercial Investments snags parts of the Mosaic shopping center
By Zahra Ihsan with
July 13, 2026 | 5:08 P.M.
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IN THIS ARTICLE
- Properties
- Building A
225 3rd St, Long Beach, CA
- Bldg. E
50 4th St, Long Beach, CA
- Griffis Pine Avenue
480 Pine Ave, Long Beach, CA
- Bldg. F
307 The Promenade, Long Beach, CA
- Bldg. G
303 The Promenade, Long Beach, CA
- Companies
- Monument Square Investment Group
Real Estate
- Waterford Property Company
Real Estate
- Turnbridge Equities
Real Estate
- Contacts
- Erin Smith
Associate, CBRE
- Robert Wasserman
Principal, Wasserman Commercial Real Estate
- John Read
Senior Vice President, CBRE