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8/21/25
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In a recent NoCal retail buy, Brixton Capital has acquired The Market Mountain House, an 86.9k sf neighborhood shopping center built in 2022 for the growing master planned community of Mountain House, CA. The center was sold by its developer, Shea Properties, for $32 mil ($368/sf).
The Market Mountain House, located at 19555 Mountain House Pkwy, at the southwest corner of Byron Rd and Mountain House Pkwy, is comprised of five buildings and sits three miles north of Prologis’ International Park of Commerce in the East Bay city of Tracy. At full build-out, the International Park of Commerce is expected to support over 25,000 jobs.
Major retailers at The Market Mountain House include Safeway and its affiliated fuel station, Starbucks, The UPS Store, Great Clips and Haagen-Dazs. The shopping center is fully leased.
“This acquisition is a great fit with our strategy of investing in well-located shopping centers in dynamic markets, and we look forward to supporting the community’s growth alongside our tenants,” said Brixton Capital’s Founder and Chairman Marc Brutten.
Newmark’s Rob Ippolito, Pete Bethea, Glenn Rudy, Nicholas Bicardo, Warren McClean represented Aliso Viejo-based Shea Homes in the transaction, while Brixton represented itself.
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