REBusinessOnline

Gelson’s Market in Laguna Beach Sells for $19.7M

The 34,478-square-foot Gelson’s Market is located along the Pacific Coast Highway in Laguna Beach.

LAGUNA BEACH, CALIF. — Marcus & Millichap has arranged the $19.7 million sale of a 34,478-square-foot Gelson’s Market located along the Pacific Coast Highway in Laguna Beach. Glen Kunofsky and Lior Regenstreif of Marcus & Millichap brokered the transaction. Both the buyer and seller of the property were undisclosed.

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