Search
 

Shopping Center Spaces Sell for $1.87M

SAN DIEGO-Longs Drug Stores and KinderCare Learning Centers have snatched up two spaces in the Winchester Meadows Shopping Center. Combined, the deals are valued at $1.87 million.

By Randyl J. Drummer | Updated on March 26, 2002

SAN DIEGO-Two spaces have sold in the Winchester Meadows Shopping Center in deals totaling $1.87 million at the northeast corner of Winchester and Margarita Road in Temecula.

The two deals total nearly 132,000 sf. Longs Drug Stores, a chain with more than 430 stores in the western United State, bought 81,465 sf for $1.3 million, according to Burnham Real Estate Services, which handled both deals. The drug store will open this month.

Additionally, KinderCare Learning Centers purchased 50,510 sf for $583,700. They plan to use the space for a childcare facility. A late summer opening date is planned.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.