Skip Ribbon Commands
Skip to main content

News release

BUENA PARK

M+D Properties Announce December Opening for 400,000-Square-Foot Retail and Entertainment Complex at The Source in Buena Park, Calif.

Firm selects JLL to handle leasing at five-story Class A office property at mixed-use project


BUENA PARK, CALIF., Nov. 16, 2016 – M+D Properties, a full-service real estate development firm, announced today that the 400,000-square-foot retail and entertainment center at The Source will open in December.  The Source is a 600,000-square-foot mixed use complex in Buena Park featuring a retail and entertainment complex, a five-story, 60,000-square-foot Class A office building and a 4-star Hilton Hotel with 174 rooms.

The Source Retail features unique and world-renowned shopping, dining, and entertainment options.  It is anchored by CGV Cinemas, an industry leader in game-changing cinematic technology, which will open its first flagship Cultureplex in the United States. M+D Properties has also signed more than 30 tenants including many first-to-market restaurants, entertainment concepts, and beauty and apparel stores, including: OOAK Kitchen, a flagship restaurant by Shi Wei Tian; Samgeori Butchers Pork Charcuterie, a celebrity frequented farm-to-grill restaurant opened by YG Republique; Olympus Screen Golf & Bar, Southern California's first virtual screen golf venue; Copley, a boutique offering luxury brands such as Manolo Blahnik, Vera Wang, MCM and others; and  HoneyMee, the fast-growing brand of soft serve ice cream drizzled with honey.  Featuring a modern and dynamic design, the retail complex will offer the latest in digital media technology, in addition to special events and live entertainment to the public.

The Source Office provides easy access from the 5 and 91 freeways and offers a one-of-a-kind work space with high-end amenities and easy accessibility to fine dining and shopping at The Source. The Source Office is able to accommodate a variety of requirements ranging from approximately 1,200 to 60,000 square feet of contiguous space.  Signage is also available.  JLL's Jay Nugent and Naomi Rizkowsky have been retained to handle leasing at The Source Office.

High-tech and beautifully designed, the Hilton at The Source will offer amenities such as an outdoor rooftop pool, smart conference facilities, business center, state-of-the-art fitness center and gourmet restaurant.  Completion is scheduled for Q4 2017.

"Our goal is to create a one-of-a-kind experiential mixed-use property that can be a focal point of redevelopment in Buena Park and throughout Southern California," said Luis C. Valenzuela, Executive Vice President for M+D Properties.  "The opening of The Source Retail is the first step to providing consumer, businesses and the community a place to shop, work, be entertained and be social."

For more news, videos and research resources on JLL, please visit the firm's U.S. media center Web page: http://bit.ly/18P2tkv

About M+D Properties
M+D Properties is a full-service real estate development firm that covers  real estate investment, development and management. For over 25 years, M+D Properties has developed and operated commercial properties, focusing mainly on large-scale income producing assets in urban areas, strategically selected based on socio-economic growth opportunities. M+D Properties has a proven track record with a number of projects including Plaza Mexico. Located in Lynwood, California, Plaza Mexico is the largest upscale project targeting the Hispanic population in the United States. For more information, please visit www.mdproperties.com

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate.  JLL is a Fortune 500 company with, as of December 31, 2015, revenue of $6.0 billion and fee revenue of $5.2 billion, more than 280 corporate offices, operations in over 80 countries and a global workforce of more than 60,000.  On behalf of its clients, the company provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. As of September 30, 2016, its investment management business, LaSalle Investment Management, has $59.7 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.