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Triangle Square Loses Broker

Another leasing agent has been dropped after taking its shot at turning around Triangle Square in Costa Mesa.

The mall’s owner, Pasadena-based Triangle Square Investment LLC, decided against renewing the leasing contract for Colliers International Inc.

Triangle Square Investment is interviewing leasing agent candidates, according to Vanessa Showalter, spokeswoman for Charles Dunn Real Estate Services Inc., the mall’s management company.

Colliers is one of several brokerages that have tried their hand at leasing space to retailers at the ailing center during the past few years. Others include Grubb & Ellis Co. and Shapco Realty.

The 191,000-square-foot, three-tiered Triangle Square has been dubbed the Bermuda Triangle by some because of the number of businesses and leasing agents that have come and then vanished from the mall.

Kelly’s Coffee and Fudge Factory was the latest tenant to leave. The shop opened last summer on Triangle Square’s upper-floor courtyard.


For more on this story, see the May 1 edition of the Business Journal.

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