Real Estate/Development
Jan. 5, 2017
Scripps Mesa Retail Center sold for $11 million
Scripps Mesa Retail Center was recently renovated in 2015 at a cost of $1.7 million. It has 18 tenants and recently leased the premises to 100 percent occupancy.
The Shah Family Trust, a San Diego-based entity, was the buyer.
The center was sold by Hendricks Commercial Properties, a Wisconsin- based firm.
CBRE retail experts Reg Kobzi, Joel Wilson, and Michael Peterson represented both sides of the transaction.
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