CalBay Development Acquires Restaurant Site in West Covina for $5.5M

WEST COVINA, CALIF. — CalBay Development has purchased a restaurant site at the Plaza West Covina Mall in West Covina for $5.5 million. Elephant Bar previously occupied the space, but vacated in late 2016.

The property, which also includes a freestanding Pacific Western Bank, totals 1.75 acres and 11,500 square feet of gross leaseable area.

The Kozakov-Wade team of CBRE/Los Angeles represented the sellers, a private family and heirs of the original property developer in the deal.

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