
Hanley Investment Group Real Estate Advisors arranged the sale of Pique at Angel Stadium, a 100% occupied, 15,710-square-foot multi-tenant retail strip center adjacent to Angel Stadium and within walking distance to the Honda Center and OCVIBE. The sale price was $11.3 million.
SVP Lee Csenar, along with president Ed Hanley, represented the seller, a private Los Angeles-based investor. The buyer, Vista Emerald, LLC, was represented by Omar Hussein of Beacon Realty Advisors.
“We identified an exchange buyer through cross-marketing of another high-profile Orange County asset,” said Csenar. “This transaction illustrates ongoing investor interest in internet-resistant, service-oriented retail centers — especially those with essential tenants—located in prime Orange County markets.”
Pique at Angel Stadium, formerly known as The Shops at Stadium Towers, was built in 2006 at 2406-2432 E. Katella Ave. in Anaheim. The center features eight tenants, including Comerica Bank, with a mix of 78% restaurants and 22% service-oriented businesses.
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