BUENA PARK, CA—Coventry Real Estate Advisors has sold Buena Park Downtown, a 535,000 square foot region mall in Orange County to Newkoa LLC for $85 million.
CBRE's Philip Voorhees represented Coventry Real Estate, while Timothy Bower and Johnny Choi represented the buyer.
The mall is currently 93% leased to such recognizable tenants as DSW, TJ Maxx, Bed Bath & Beyond, 24 Hour Fitness and Metroplex Theaters. The mall's other anchor tenants, not included in this transaction, are Sears and Walmart.
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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.
