Projects

Prime Retail Center in Little Saigon – Tom Nguyen represented both the Buyer and Seller in this transaction.

Tom Nguyen represented the Buyer in the Park Plaza on Maine – an established grocery shadow-anchored neighborhood shopping center that encompasses 94,093 (approximate) square feet of retail space in the densely populated San Gabriel Valley city of Baldwin Park, CA. The property is anchored by a 56,015 square foot Superior Grocer and Family Dollar (both not a part of the offering). Established in 1981, Superior Grocers is a dominant Hispanic grocery operator and operates over 45 locations across Southern California. The company is one of the largest independently-owned chains of grocery stores in Southern California, and provides high quality products at low prices with exceptional customer service.
The inclusive collateral features national tenants CVS Pharmacy and O’Reilly Auto Parts. Additional national and regional tenants within the property include Chase Bank (freestanding pad), El Pollo Loco (freestanding pad), Subway, Little Caesars Pizza, Waba Grill, Menchie’s Frozen Yogurt, Boost Mobile, Metro PCS, GNC, and Check ‘n Go.

WING LUNG BANK TO MOVE ITS US HEADQUARTERS TO NEWPORT BEACH’S FASHION ISLAND

Newport Beach, CA, Tuesday, September 08, 2015–In one of its most prestigious transactions to date, NAI Capital represented Wing Lung Bank on their negotiations for a 10-year lease with The Irvine Company at 520 Newport Center Dr, in Newport Beach, Calif.

Tom Nguyen and Nelson Chau, advised Wing Lung Bank Limited on the 17,630 square foot lease of the entire 16th floor. Wing Lung Bank Limited, has been operating one of the oldest local banks in Hong Kong for over 80 years and , China is a wholly owned subsidiary of China Merchants Bank, the 6th largest commercial bank by total assets in China. It is currently among the top 100 50 banks in the world.

520 Newport Center Drive is the Irvine Company’s newest and most prestigious office building that features panoramic views of the Pacific Ocean, Fashion Island Mall and green rolling hills. The 21-story tower total 326,065 square feet, fashioned in Italian Travertine and lined by palm trees make it the ideal surroundings for a cooperate headquarters.
Wing Lung Bank Limited is moving its US Headquarters from its current location in Alhambra, California. It will be the first Chinese run bank to enter the Newport Center area
Nguyen said,” Wing Lung Bank is a world-class institution catering to the top echelon of companies and clientele from Asia. They needed a corporate headquarters to match. The 16th floor of 520 Newport features sweeping views of the Pacific Ocean on one side and Fashion Island and rolling green hills on the other. It does not get much better than this anywhere. Nelson Chau and I are proud to have represented WLB in securing this top of the market space.”
Irvine Company’s Quote: “We would like to welcome Wing Lung to Newport Center, and are pleased they have chosen 520 Newport Center as their regional headquarters. Wing Lung’s decision to lease here is validation of Newport Center’s appeal as a prestigious destination for top businesses from around the globe. We are confident that Wing Lung’s employees and customers will enjoy an inspiring lifestyle experience unlike anything else in the marketplace.”

Tom Nguyen of Real Capital Inc represented the Seller in the sale of the Palm Retirement Center – a rarely offered 144 Bed Assisted and Memory Care facility located in Fullerton, California. The residential care facility (RCFE) consists of 108 assisted living beds and 36 memory care beds situated in separate wings. Amenities include a large dining hall and commercial kitchen, laundry facility, recreation rooms, library, salon, and two outdoor courtyards. The 34,000 SF facility is situated on a 40,750 SF lot and has been a home for assisted living residents since 1977. Recent improvements include a new elevator and roof.

The Property is an approximately 171,000 SF building located in Los Angeles. Built in 1926 as a private members’ club for the Benevolent and Protective Order of Elks, it is currently used primarily as event and filming space.

Tom Nguyen of Real Capital Inc. negotiated this new long term lease of a former 2095 SF Carl’s Jr. Drive Thru building on a 22651 SF Lot.