SAN DIEGO-The CBRE Private Capital Group team of Reg Kobzi and Joel Wilson arranged the sale of Coronado Plaza for $21.5 million. Located at 1330 Orange Avenue across the street from Hotel Del Coronado, the three-story, 49,322-square-foot mixed use center was 100% leased at the time of sale.

Built in 1975 and recently renovated, Coronado Plaza is located on the west side of Coronado Island and encompasses an entire city block. It is prominently located in the heart of the Orange Avenue Retail Trade District across from the entrance of the world famous Hotel Del Coronado and near Coronado Beach.

Coronado Plaza is comprised of three elevator-served levels over underground public parking including two levels of retail space and a top level of executive office suites. Tenants include Vigilucci's Del Coronado, Island Birkenstock, Lavender Day Spa, Don Michel Salon, Coronado Resort Wear Company, Coronado Shorts Company, The Tavern, La Salsa, Subway and Domino's Pizza. The property was recently renovated with new storefronts, the creation of a new Paseo facing Hotel del Coronado and the sidewalls were lowered to create a more functional layout.