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CBRE Closes Sale of Grocery-Anchored Oceanside Center
CBRE’s National Retail Partners-West team closed the sale of Plaza Rancho Del Oro, a 65,054-square-foot regional center shadow-anchored by Albertsons and Planet Fitness, located in Oceanside. The property traded to a high-net-worth individual from Los Angeles for $34,311,000, or $527 per square foot.
The team has closed three coastal grocery-anchored shopping centers in Southern California in the past 60 days, totaling more than $137 million in consideration. In addition to Plaza Rancho Del Oro, the team recently completed the sales of Santa Ana Centre ($46,475,000) in Santa Ana and Marketplace Del Rio, also in Oceanside ($56,600,000).
In the sale of Plaza Rancho Del Oro, located at 4120-4196 Oceanside Blvd., Jimmy Slusher, James Tyrrell and Megan Lanni of CBRE’s NRP-West led the transaction representing the seller, A&C Properties, a private investment firm based in Phoenix and focused on grocery-anchored shopping centers in the Southwest. The team was assisted by CBRE San Diego-based leasing experts Reg Kobzi, Michael Peterson and Joel Wilson.
- ◦Sale/Acquisition




