Warmington Properties Awards Three Retail Property Listings to Coreland Companies

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TUSTIN, CALIF. (June 6, 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.

Baker-Fairview
Warmington’s Baker Fairview Center in Costa Mesa

“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.