Regency Centers Pays $25.3MM for 103,639 SQFT Vons-Anchored Shopping Center in Orange

ORANGE, Calif – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of the leasehold interest in a long-term ground lease improved by Nohl Plaza, a 103,639-square-foot Vons-anchored shopping center in Orange, California. The property sold for $25.3 million, which represents a mid-5% cap rate based on year-one […]