Red Mountain Group, which specializes in redeveloping retail properties, has bought part of a large shopping center in the Orange County, California, city of Rancho Santa Margarita for $9.39 million. The sale of the 51,872-square-foot retail property in the Santa Margarita Marketplace worked out to $180.95 per square foot.
Santa Margarita Marketplace building purchased by Red Mountain Group
National retail redeveloper buys portion of Orange County shopping center
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
- Companies
- Red Mountain Group
Real Estate
- Contacts
- Mark Baziak
Senior Managing Director, Newmark
- Graham Allchorn
Vice President, Red Mountain Group
- Kyle Miller
Executive Managing Director, Newmark