NGKF Facilitates $51M San Diego Retail Sale
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The Marketplace at Windingwalk, San Diego
San Diego—NGKF Capital Markets recently finalized the $51 million sale of The Marketplace at Windingwalk, a 104,206-square-foot neighborhood retail center in south San Diego County. The asset, located at 1754-2160 Eastlake Parkway in Chula Vista, Calif., is anchored by a Vons Supermarket and was 96 percent occupied at the time of sale.
An NGKF Capital Markets retail division team including Pete Bethea, Rob Ippolito and Glenn Rudy represented the seller, Aliso Viejo-based Shea Properties, in the transaction. New York City-based Zurich Alternative Asset Management LLC was the buyer of the center completed in 2008. The company is an alternative investment adviser responsible for Zurich North America’s hedge fund, private equity and U.S. real estate investments…
