Premier Albertsons-anchored shopping center trades for $151M in Huntington Beach

ORANGE COUNTY, Calif., Feb. 4, 2026 –  JLL Capital Markets announced today that it has closed the $151 million sale and $83.79 million acquisition loan for Seacliff Village, a core grocery-anchored shopping center in Huntington Beach's affluent coastal market.

JLL represented the seller, Barings, and procured the buyer, Asana Partners. JLL also secured the acquisition financing on behalf of the buyer.

Seacliff Village is strategically positioned at Yorktown Avenue and Main Street in Huntington Beach, offering exceptional visibility along Main Street and Goldenwest Street generating over 93,500 vehicles per day. The property attracts over 4.3 million annual visitors and benefits from strong demographics including $168,658 average household incomes and $1.42 million average home values within a one-mile radius.

The 253,234-square-foot retail center is 95.8% occupied and anchored by a high-performing 69,925-square-foot Albertsons store. The property features a diverse tenant mix of nationally recognized brands including LA Fitness, Staples, Panera Bread, Starbucks and four banks with over $1.15 billion in combined deposits.

The 26.74-acre site is wholly owned including all 11 outparcels and shop buildings, providing total control over future opportunities at the property. The institutional-quality asset offers stability through its 58% credit tenant income stream with compelling upside potential as in-place rents are at only 80% of market rates.

JLL Capital Market’s Investment Sales and Advisory team was led by Senior Managing Directors Gleb Lvovich and Geoff Tranchina and Managing Director Daniel Tyner. Senior Managing Director Anthony Fertitta Jr. and Managing Director John Marshall arranged the financing.

“Generational assets such as Seacliff Village rarely come to market and Seacliff Village is no exception having been owned by the same advisor for over 20 years. The depth of interest at strong pricing demonstrates investor’s continued interest and conviction in the retail space,” Lvovich said.

"Seacliff Village is one of the top performing grocery anchored centers in Orange County largely driven by its well positioned coastal location,” added Tyner. “The demand for coastal grocery anchored retail remains robust and we look forward to continuing to see Seacliff Village thrive for many years to come."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

Barings is a $481+ billion* global asset management firm that partners with institutional, insurance and intermediary clients and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions.

*Assets under management as of December 31, 2025

Asana Partners is a retail real estate investment firm creating value in vibrant neighborhoods by leveraging vertically integrated capabilities and retail expertise. With more than $7 billion of neighborhood assets under management, the firm is active in growth markets throughout the United States and is driven to make a positive impact within communities.