MSM Global Ventures Acquires Shopping Center in Southern California for $23 Million

Smart and Final anchors Corona del Mar Shopping Center in Southern California. Smart and Final anchors Corona del Mar Shopping Center in Southern California.

Corona del Mar, Calif. — MSM Global Ventures has acquired Corona del Mar Shopping Center, a 33,404-square-foot retail center in the Southern California community of Corona del Mar.

The sales price was not disclosed, but the Orange County Register reports the asset sold for $23 million. The historically grocery-anchored property was anchored by discount grocer Smart and Final at the time of sale. 

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