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Solana Beach’s BeachWalk Sells for $33M
BeachWalk, a 54,973-square-foot coastal retail center in Solana Beach, CA, sold for $33.25 million. Situated on a 3.06-acre site at 437 S. Highway 101, the property is steps to the Pacific Ocean, walking distance to the Cedros Design District and Amtrak Train Station, and less than a mile from the Del Mar Fairgrounds and Racetrack.
CBRE’s National Retail Partners’ West (NRP-West), John Read, Reg Kobzi, Philip Voorhees, Jimmy Slusher, and Kirk Brummer represented the seller, a partnership managed by Orange County-based The Muller Company. NRP-West also represented the buyer, an unnamed Chicago-based fund manager.
CBRE’s Read says, “True coastal retail projects like BeachWalk seldom come to market,” noting that the property’s internet-resistant ‘daily needs’ and complementary tenancy with national, regional and local operators “make the property an integral part of this coastal community.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition

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