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7/09/25
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Brixton Capital has purchased Civic Center Plaza from the City of San Marcos. The 60k sf, four-building retail center sits on nearly six acres at a key intersection in an affluent submarket of San Diego’s North County.
Developed in 2007 in conjunction with the city, Civic Center Plaza was built to institutional-class standards and is currently 97% occupied. It is located at 125-157 Twin Oaks Valley Rd, at the intersection with San Marcos Blvd and proximate to Interstate 15 and State Route 78. A light rail commuter station one block away adds to the property’s accessibility.
The center is anchored by LA Fitness and includes other credit tenants, such asFedEx, Subway and Robek’s, as well as regional favorites PizzaNova and Ryan Bros Coffee, among others.
“With a lease in place until 2037 with our anchor tenant and an incredible location, we expect Civic Center Plaza to be a strong performer in our retail portfolio,” said Brixton Capital President and Chief Investment Officer Rob Taylor. “In keeping with the current tenant mix and the demographics of the surrounding area, we will target service-oriented, food and beverage, and health and wellness tenants to fill space that may become available.”
This is the third shopping CA center that Brixton has acquired this year, including the Petaluma Safeway center in Petaluma and the Elk Grove CVS center in Elk Grove. Newmark’s Pete Bethea, Rob Ippolito and Glenn Rudy represented the City of San Marcos in this transaction, while Brixton repped itself.
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