Galleria L’Orange Shopping Center
Address: 130–146 South Main Street
Purchased: June 2000
Price: $7,889,000 ($196 per square foot)
Size: 40,300 square feet
Galleria L’Orange is an open-air shopping center with distinctive Mediterranean contemporary architecture, and lush landscaping and walkways. Galleria L’Orange provides virtually all local shopping, service, and casual dining needs. Galleria L’Orange’s stores and restaurants provide a perfect combination of national, regional, and local businesses.
Property built in 1990/91.
Located at the corner of Chapman Avenue and Main Street, in the city of Orange.
Status – Continue long-term hold to maximize cash flow and capital appreciation.