A waterfront retail and office complex in Huntington Beach’s Huntington Harbour has traded for $47 million. The buyer, Arkadian Marina Ventures, plans a multimillion-dollar makeover to position the 9-acre asset as one of Orange County’s premier shopping destinations, the Orange County Business Journal reported. The Santa Ana-based limited liability company bought Peter’s Landing at 16390-16450 Pacific Coast Highway from Irvine-based Pendulum Property Partners. The deal works out to roughly $476 per square foot for the 98,500-square-foot property. Farmers & Merchants Bank provided a $28 million first mortgage. Arkadian Marina Ventures aims to mirror the high-end, waterfront draw of Lido Marina […]
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