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Off-Market North Park Vons Grocery Store Trades for Nearly $28M
CBRE handled the $27.7 million sale of a Vons grocery store in San Diego to an unnamed Los Angeles-based private investor. The buyer was reportedly Fortress Investment Group.
CBRE’s Gary Stache, Anthony DeLorenzo, Doug Mack and Bryan Johnson represented the 1031 exchange buyer in the off-market transaction. The seller, a Texas-based investment firm, was self-represented.
Located at 4145 30th St. in San Diego’s North Park neighborhood, the 44,000 square-foot building sits near the I-805. Vons is on a current lease that runs through June of 2039.
DeLorenzo says, “1031 exchange buyers are currently the most active buyers in the market.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


