{"id":1004473639,"date":"2020-08-26T04:29:46","date_gmt":"2020-08-26T12:29:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004473639"},"modified":"2021-05-10T02:05:17","modified_gmt":"2021-05-10T10:05:17","slug":"newmark-knight-frank-to-lease-2-2-msf-orange-county-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/newmark-knight-frank-to-lease-2-2-msf-orange-county-portfolio\/","title":{"rendered":"Newmark Knight Frank to Lease 2.2 MSF Orange County Portfolio"},"content":{"rendered":"<div id=\"attachment_1004473651\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Moulton-Plaza-e1598433300578.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004473651\" data-attachment-id=\"1004473651\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/newmark-knight-frank-to-lease-2-2-msf-orange-county-portfolio\/moulton-plaza\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Moulton-Plaza-e1598433300578.jpg\" data-orig-size=\"1000,750\" 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=\"Moulton Plaza\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Moulton Plaza&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Moulton-Plaza-e1598433300578.jpg?w=1000\" class=\"wp-image-1004473651 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Moulton-Plaza-e1598433300578.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Moulton-Plaza-e1598433300578.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Moulton-Plaza-e1598433300578.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Moulton-Plaza-e1598433300578.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004473651\" class=\"wp-caption-text\">Moulton Plaza<\/p><\/div>\n<p>ValueRock has selected Newmark Knight Frank to lease its roughly 2.2 million-square-foot retail portfolio spread across Orange County. Vice Chairman Bill Bauman, Executive Managing Director Bryan Norcott and Senior Managing Director Mark Baziak will oversee the space.<\/p>\n<p>The portfolio comprises five properties, as follows:<\/p>\n<ul>\n<li>Located at 26501 Aliso Creek Road in Aliso Viejo, Calif., the proposed 1.9 million-square-foot mixed-use The Commons at Aliso Viejo includes more than 200,000 square feet of immediately available space<\/li>\n<li>Moulton Plaza is situated at 23535-23601 Moulton Parkway in Laguna Hills, Calif., and consists of 155,000-square-feet of repositioned space<\/li>\n<li>Lake Forest Gateway is a fully redeveloped retail center comprising 77,855 square feet at 23600 Rockfield Blvd. in Lake Forest, Calif.<\/li>\n<li>Situated at 501 E. First St. in Tustin, Calif., Larwin Square included 41,400 square feet of anchor space<\/li>\n<li>Valley View Center includes 45,345-square feet of space at 17474-17568 Yorba Linda Blvd. in Yorba Linda, Calif.<\/li>\n<\/ul>\n<p>According to a recent second-quarter NKF report, Orange County saw a 30-basis point increase year-over-year in total vacancy, to 4.1 percent, as a result of negative absorption. Meanwhile, average asking rates increased 6.2 percent across all retail types. At the national level, retail and food services <a href=\"https:\/\/www.commercialsearch.com\/news\/u-s-retail-sales-still-on-the-rise-in-july\/\">experienced a 1.2 percent sales increase<\/a>&nbsp;in July compared to the previous month, U.S. Census Bureau\u2019s monthly retail sales report shows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ValueRock selected the brokerage team to oversee leasing activities at five retail properties in the metro.<\/p>\n","protected":false},"author":748,"featured_media":1004473651,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21742,34267,21749,15],"tags":[43652,36007,35538],"class_list":["post-1004473639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-latest","category-orange-county","category-retail","category-west","tag-bill-bauman","tag-newmark-knight-frank","tag-valuerock-realty-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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