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1/23/17
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Brixton Capital purchased a 55k sf retail property in San Diego from Florida-based HH Property Holdings.The price was not given out.
The property is located at 14340 Penasquitos Dr, just west of I-15 at Carmel Mountain Rd. Brixton plans to renovate and reposition the former Albertson’s grocery store building, most recently occupied by Haggen. The company has already entered into a $12 mil long-term lease with Floor & Décor for the entire premises.
Mike Moser from Retail Insite represented Brixton Capital, who currently owns and operates over 200 net leased assets and 10 msf of retail shopping centers in the Western U.S. and in Europe.. The seller was represented by HFF.
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