|
|
11/13/19
|
Strawberry Creek, a 57.4k sf shopping center in Sacramento, has sold for $20.95 mil ($365/sf). The four-building property includes a vacant parcel that can be used for future development.
Shadow-anchored by a 133k sf Target store, the center is located at the signalized intersection of Cosumnes River Blvd and Bruceville Rd. Cosumnes River College is adjacent, and the Kaiser Permanente South Sacramento Medical Center is nearby. The center was constructed in 2007 and sits on 7.4 acres.
Nelson and Nicholas Scelsa with Marcus & Millichap represented the Irvine-based seller, Pacific Castle Management Inc. Nelson also procured the buyer, a local private investment group whose main partner is Kurt Hilbers.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
