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Planned during boom times, the 300,000-square-foot South Coast Home Furnishings Centre in Costa Mesa seemed like a good bet for a group of local investors, who eagerly sank $100 million into the shopping center in 2007. The center sits a mere 1.5 miles from South Coast Plaza, one of the busiest malls in the world, and is visible from the I-405, where 400,000 cars pass by every day.
Then came the recession. Shoppers stopped shopping, and many retailers shuttered their doors… Read More on the OCRegister.com