{"id":1004205881,"date":"2018-02-05T07:02:02","date_gmt":"2018-02-05T15:02:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004205881"},"modified":"2022-12-08T11:42:18","modified_gmt":"2022-12-08T19:42:18","slug":"nkf-closes-sale-of-oc-retail-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nkf-closes-sale-of-oc-retail-center\/","title":{"rendered":"NKF Capital Markets Closes Sale of OC Retail Center"},"content":{"rendered":"<p>By Evelyn Jozsa<\/p>\n<div id=\"attachment_1004205888\" style=\"width: 337px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Rusty-Leaf-Plaza.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004205888\" data-attachment-id=\"1004205888\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nkf-closes-sale-of-oc-retail-center\/rusty-leaf-plaza\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Rusty-Leaf-Plaza.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Rusty Leaf Plaza\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Rusty Leaf Plaza&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Rusty-Leaf-Plaza.jpg?w=800\" class=\"wp-image-1004205888 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Rusty-Leaf-Plaza.jpg\" alt=\"Rusty Leaf Plaza\" width=\"327\" height=\"258\" \/><\/a><p id=\"caption-attachment-1004205888\" class=\"wp-caption-text\">Rusty Leaf Plaza<\/p><\/div>\n<p>NKF Capital Markets has arranged the sale of Rusty Leaf Plaza, a retail center in Orange, Calif., for $31.8 million. NKF worked exclusively on behalf of the seller, CCF PCG Orange LLC. The shopping center traded to Inland Real Estate Acquisitions LLC.<\/p>\n<p>Located at 2512 E. Chapman Ave., the asset is near Freeway\u00a055 and Interstate 5. The area is densely populated, with approximately 580,000 people living within a\u00a05-mile radius. The median household income is $66,674. Since 2017, Rusty Leaf Plaza has been anchored by Target. Other tenants include a mix of medical, fast food and retail service providers.<\/p>\n<p><em>&#8220;The center&#8217;s new lease with a daily-needs credit anchor along with its affluent and dense surrounding demographics checks several boxes that investors are looking for in retail acquisitions today,&#8221; <\/em>said Charles Osbrink, executive managing director at NKF, in prepared remarks.<\/p>\n<p>NKF\u00a0also recently arranged the sale of an <a href=\"https:\/\/www.commercialsearch.com\/news\/oc-office-tower-trades-for-120m\/\">office tower in Irvine<\/a>, on behalf of Ocean West Capital Partners. The asset sold for $120 million.\u00a0<\/p>\n<p><em>Image courtesy of Google street view<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inland Real Estate Acquisitions has purchased Rusty Leaf Plaza, a Target-anchored shopping center in Orange, Calif., for $32 million.<\/p>\n","protected":false},"author":871,"featured_media":1004205888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,34267,21749,15],"tags":[34543,36007],"class_list":["post-1004205881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-orange-county","category-retail","category-west","tag-inland-real-estate-acquisitions-inc","tag-newmark-knight-frank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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