California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


California  + San Diego  + Retail  | 

Collection of Vista Outparcel Pads Sold for $11M

The Shops at Vista Terrace Marketplace, a collection of three separate outparcels in Vista, traded hands for $10.67 million. The seller was Black Lion Investment Group, while an unnamed high-net-worth private investor acquired the pads.

The fully-leased properties total 15,808 square feet. The outparcels were renovated in 2019 and are triple net leased on a long-term basis to a variety of national, service-oriented credit tenants. Shops at Vista Terrace Marketplace is situated on 2.72 acres at 1220, 1260 and 1310 E. Vista Way.

JLL’s Daniel Tyner and Gleb Lvovich marketed the property on behalf of the Los Angeles-based seller.

Lvovich says, “The retail market continues to show signs of strength and bifurcation, with the best assets commanding strong pricing despite the events surrounding COVID-19. Net-leased real estate with a superior credit profile and essential tenancy is as strong as ever.”

Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Connect With Black Lion Investment GroupConnect With JLL’s Lvovich

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition
  • ◦Lease
New call-to-action