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Home Finance Allied Commercial Investments Buys 148,000 SQFT Mosaic Retail Portfolio in Downtown Long Beach for $30MM
FinanceIndustry NewsLos AngelesRetail

Allied Commercial Investments Buys 148,000 SQFT Mosaic Retail Portfolio in Downtown Long Beach for $30MM

July 20, 20263 Mins read574
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A Cypress-based private investor has acquired the retail heart of Downtown Long Beach's Mosaic district, betting that below-market rents and a partially vacant rent roll leave room to push value in one of the city's most closely watched mixed-use redevelopments. Allied Commercial Investments has purchased Mosaic, a six-building retail portfolio spanning multiple city blocks in […]

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