Multi-Tenant Corona del Mar Retail Sells Above Asking Price
Coastal Commercial and Marcus & Millichap arranged the $13.7-million sale of 2515 E. Coast Highway, a prominent multi-tenant retail property located in Corona del Mar. The transaction was represented
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Connect CRE reports that a multi-tenant retail property at 2515 E. Coast Highway in Corona del Mar has sold for $13.7 million, above its asking price. Coastal Commercial and Marcus & Millichap arranged the transaction, with Nathan Holthouser and Ron Duong representing the deal. The offering drew more than 10 offers from investors in the Orange County market, signaling sustained appetite for well-located coastal retail despite broader questions about commercial real estate performance.
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Source: Connect CRE, “Multi-Tenant Corona del Mar Retail Sells Above Asking Price”. Read the original →
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