LBG Sells Huntington Beach Retail Property
By
Tony Seruga
Following a year of redevelopment and successful leasing, LBG sold the asset at full occupancy.

10026 Adams Ave.
Huntington Beach, Calif.—LBG Real Estate Companies recently sold an asset that it acquired just a year prior. The SoCal investment company that specializes in retail real estate received $18.5 million for the Huntington Beach asset. The off-market transaction was brokered by
Hanley Investment Group representatives Ed Hanley, Bill Asher, and Eric Vu.
The 24,000-square-foot is located at 10026 Adams Ave. and 20002-20052 Brookhurst St. The asset was acquired by LBG in February of last year, and then immediately renovated and put through an extensive
leasing process…
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