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ORANGE, CALIF. — Paragon Commercial Group LLC has acquired Rusty Leaf Plaza, a 60,294-square-foot shopping center located roughly 30 miles outside Los Angeles in Orange.
Formerly anchored by Ralphs supermarket, Rusty Leaf Plaza will be repositioned in the coming months to feature a Target as the new anchor. The 41,700-square-foot store is expected to open in October 2017. CJ Osbrink of HFF sold the property on behalf of the seller, Rusty Leaf Plaza LLC.