The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 28, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



SOUTHERN CALIFORNIA NEWS
Printer-friendly Version   Email an Associate
Capstone Advisors Pays Over $400/sf for Retail Property in San Diego’s Carmel Mountain Ranch Area

9/01/15

Capstone Advisors has purchased a 30.4k sf in San Diego’s Carmel Mountain Ranch area for $12.7 mil ($418/sf). The center, located at 10155-10195 Rancho Carmel Dr, on the northeast corner of Ted Williams Pkwy and Rancho Carmel Dr, was sold by American Assets Trust.

Built in 1993 and consisting of three buildings, the property is 96 percent leased with tenants including USE Credit Union, Starbucks, and Oggi’s Pizza and Brewing. Capstone, based in Carlsbad, plans to enhance the property by upgrading tenant signage and developing the landscape.

In the deal, American Assets Trust was represented by Philip Voorhees of CB Richard Ellis. Capstone Advisors repped itself. Aaron Hill and Justin Wessel of Cushman & Wakefield will handle leasing for the retail center on behalf of the new owner.





Return to the Archive page


 


 


 


 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media