COSTA MESA, CA—Rockwood Capital, LLC has completed a $120 million investment in South Coast Collection (SOCO), a shopping destination here that features an eclectic mix of design, home furnishings, fashion, restaurants, culinary offerings, and other specialty retail.

SOCO is the brainchild of Burnham-Ward Properties, an affiliate of Burnham USA, which remains an active participant in the property and will continue to oversee all management functions.

Renovated in 2012 and located fronting the San Diego (I-405) Freeway at 3303-3323 Hyland Avenue, the 300,000-square foot property spans over 20 acres and features a collaborative mix of over 75 storefronts, including more than 20 design showrooms catering to both the public and design trade. SOCO is also home to some of the region's most acclaimed chefs and restaurateurs, with such known eateries as Taco Maria, ARC, Pueblo, Restaurant Marin, Bistro Papillotte, Greenleaf, Shuck Oyster Bar and Temakira. The shopping center offers an award-winning weekly Farmers' Market on Saturdays and a robust schedule of monthly events to appeal to a variety of community interests. In addition to offering a truly unique and innovative lifestyle-enriching experience, SOCO and the OC Mix provide an impressive selection of special event venues and culinary offerings, including Portola Coffee Lab (Micro-Roaster of the Year), handcrafted cheeses, desserts, wines, olive oils, specialty breads and artisan boutiques with accessories for men, women, and children.

Joel Mayer, managing director at Rockwood, said, "This property exemplifies Rockwood's investment strategy of acquiring unique experiential retail assets in top tier infill urban markets. SOCO's innovative and ever-evolving mix of stores has proven a successful draw for both new and repeat customers. We look forward to enhancing the property to create an environment that is among the preeminent lifestyle centers in Southern California."

Scott Burnham, CEO at Burnham, added, "SOCO is like none other and offers the greater OC community an amazing opportunity to enjoy a very unique pedestrian-oriented retail experience. We are so proud of what we have created at SOCO under our leadership as it has become one of the most talked-about newly inspired retail concepts of the decade. Rockwood has invested in a true 'gem' that will be enjoyed by generations to come."

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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.

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