GARDEN GROVE, CA—Tom Nguyen with NAI Capital's Orange County office represented the buyer, N. D. Dinh Tran Trust, in the purchase of the Saigon Plaza, a 33,074 sqare foot shopping center on 2.41 acres of land located at 10320 Westminister Avenue in Garden Grove.
The seller was Westgrove Plaza, and the value of the sales transaction was $8.5 million.
The Saigon Plaza retail center, positioned on 2.41 acres of land, is unique in its central location in the "Little Saigon" business district of Orange County - a business/retail area serving the largest population of Vietnamese outside of Vietnam. The property includes an L-shaped one-story building was built approximately in 1965 plus a two-story building which was built in 1986.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
