Corona del Mar shopping center changes hands

The sale is the Southern California property's first in 80 years

The Shops at CDM building along Pacific Coast Highway drew competitive bids from investors and sold for $13.7 million. (CoStar)

By Garrett Hug with

CoStar Research

September 10, 2026 | 11:58 P.M.

A shopping center in the Southern California beach town of Corona del Mar has changed hands for the first time since the 1940s.

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