CABRILLO PARK SHOPPING CENTER IN SANTA ANA SELLS FOR $12.2M

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SANTA ANA, CALIF. — Cabrillo Park Shopping Center, a 72,500-square-foot, grocery-anchored center in Santa Ana, has sold to Palmdale Avenue S LLC for $12.2 million. The center is located at 1710-1730 E. 17th Street. It is 95 percent occupied and anchored by Superior Grocers. Other tenants include T-Mobile, Sally Beauty Supply, United Dental Care, Little Caesar’s and 4G Wireless. The buyerwas represented by Randy Ibara of Southern Pacific Investments. The seller, Hector Regner Properties – Cabrillo Park I, LLC, was represented by Randy Dalby of Lee & Associates San Diego North.

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