Gershman Properties, a Los Angeles-based real estate investment firm that focuses on acquiring neighborhood shopping centers in California, purchased the 36,654-square-foot retail property at 17850-17870 Newhope St. in Fountain Valley from a local private investor for $18.5 million, or about $505 per square foot.
Los Angeles Investor Buys Shopping Center Property in Fountain Valley
Gershman Properties Pays $18.5 Million for Part of The Shoppes at Costco Plaza in Orange County
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Costco Plaza
17850 Newhope St, Fountain Valley, CA
- Contacts
- Pablo Rodriguez
First Vice President, CBRE
- David Lachoff
Broker, D&T Investment Co