Little Saigon Property Sold for $15.5 Million

Tom Nguyen represented the Buyer of the “Blue Pavilion” retail center in Garden Grove for $15.5 Million.  The property is located in the heart of “Little Saigon” – home to the largest population of Vietnamese outside of Vietnam and includes a business district that features over 7000 Vietnamese businesses and services.  The center consists of approximately 39,700 SF of GLA, situated on approximately 2.34 acres of land.

Grocery Anchored Retail Center Acquired for $30 million

Tom Nguyen represented the Buyer in the acquisition of a Superior Grocer’s anchored center located in Baldwin Park, California. In addition to Superior Grocer, the center is occupied by other national tenants that include CVS, Chase Bank, O’Reilly Auto Parts, El Pollo Loco, GNC, Waba Grill and Subway. The property has a GLA of 94,093 SF and is situated on 6.65 acres of land.