ROIC Buys Grocery-Anchored Center in Orange County for $46 Million

Smart & Final Extra anchors The Village at Nellie Gail Ranch, an 88,486-square-foot retail center in Laguna Hills, California. Smart & Final Extra anchors The Village at Nellie Gail Ranch, an 88,486-square-foot retail center in Laguna Hills, California.

Laguna Hills, Calif. — Retail Opportunity Investment Corp. (ROIC) has acquired The Village at Nellie Gail Ranch, an 88,486-square-foot retail center in Laguna Hills.

Dave Monahan, Geoff Tranchina and Cameron Pittman of JLL arranged the transaction on behalf of the seller, Vintage Real Estate. ROIC was represented internally. Smart & Final Extra anchors the retail center, which was 98.3 percent leased at the time of sale to tenants including MOD Pizza, Chuck E. Cheese’s, Cycle Bar and BLS Nail Resort. 

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