Warmington Properties Awards Three Retail Property Listings to Coreland Companies

Top Quote Warmington Properties has awarded three listing assignments to the brokerage division of Coreland Companies, including properties in Costa Mesa, Laguna Hills and Mission Viejo, Calif. End Quote
  • Orange County, CA (1888PressRelease) June 07, 2013 - Warmington Properties, owner of more than 25 commercial assets across the Western United States, has awarded three listing assignments to the brokerage division of Coreland Companies. The assignments, including Baker Fairview Center in Costa Mesa, Honali Plaza in Laguna Hills and Jeronimo Business Center in Mission Viejo, Calif., will be represented by the Coreland leasing team of Matt Hammond, Ben Terry and Kim Talley.

    "Coreland is proud to be selected by a highly-respected company like Warmington on three well-positioned Orange County properties," said Coreland's Senior Vice President of Brokerage Steven Hogberg. "Our retail team is looking forward to enhancing each property with the strong regional expertise that we've become known for."

    The new Warmington assignments include:

    Baker Fairview Center is an 80,000-square-foot Stater Bros.-anchored neighborhood shopping center located in the heart of Costa Mesa with direct access to the 405, 73 and 55 Freeways. Retail availabilities include 1,200-1,500 square foot spaces.

    Honali Plaza is a 67,000-square-foot neighborhood shopping center located off Alicia Parkway and I-5 in Laguna Hills. Positioned within an established residential and commercial area, the highly-visible property has in-line and cap spaces available ranging 1,200-7,400 square feet.

    Jeronimo Business Center is an 86,029-square-foot property centrally located on the corner of Jeronimo Road and Alicia Parkway in Mission Viejo. With street frontage and immediate access to I-5 Freeway, the flex retail-industrial space currently has 1,700-4,000 square feet of availability.

    Warmington Properties is also an ownership partner of Imperial Promenade (Anaheim Hills, Calif.), alongside DeBeikes Investment, which Coreland also represents. Over the last two-and-a-half years, the Coreland team successfully re-tenanted Imperial Promenade, taking it from 30-percent vacant to 100-percent leased.

    About Coreland Companies
    Coreland Companies (www.coreland.com) is a full-service commercial real estate company with expertise in retail, office and industrial properties. As one of the largest privately held commercial real estate service companies based in California, Coreland's current portfolio exceeds 100 properties and totals more than 10 million square feet. Founded in 1990 by Chris Hite and Pat Galentine, the company boasts a successful track record of commercial real estate ownership, management, repositioning and brokerage.

    About Warmington Properties, Inc.
    Warmington Properties, Inc. is a full-service real estate company specializing in acquisitions and asset management. With a total value of more than $700 million in assets under management, its portfolio includes 37 apartment communities and commercial properties throughout California, Nevada and Arizona. Since 1971, continued growth and asset appreciation has been directly tied t o a diversity of property types and outstanding tenant relations.

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