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Island Mixed Use Sold to Paragon Real Estate Affiliate

SAN DIEGO-Coronado Plaza includes two floors of retail and one floor of executive Suites. CBRE handled transaction.

By David Phillips | Updated on July 15, 2013

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.

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