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June 17, 2019
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Brixton Capital Purchases 127k sf Vegas Retail Asset


In a recent Las Vegas retail acquisition, Brixton Capital purchased a grocery-anchored, 126.7k sf shopping center called Decatur 215. The property, located at the southeast corner of North Decatur Blvd and West Tropicana Pkwy, was sold by Houston-based Weingarten Realty for an undisclosed price.

Decatur 215 was completed 2016 and is 100% leased to a mix of national and regional tenants, including: Target, WinCo Foods, Hobby Lobby, Ross, ULTA Beauty, Raising Cane’s, Burger King, El Pollo Loco, Blaze Pizza, Fire House Subs and Chipotle. Decatur 215 marks Brixton’s sixth acquisition of 2018.

Ramez Barsoum and Aaron Bettencourt at Reza Investment Group represented the seller, while Brixton Capital represented itself. Headquartered in Solana Beach, CA, Brixton Capital currently owns and operates a portfolio valued in excess of $1 bil, representing over 10 msf of retail, multi-family, office, industrial and land investments across the United States and Europe.

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