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Civic Center Plaza Sells for $14M

ESCONDIDO, CA-One of this North County city's largest and most prominent shopping centers has sold in a transaction valued at $13.75 million. Tenants include Ross Dress for Less, Smart and Final, Plummers Furniture, the U.S. Postal Service and Sizzler.

By Randyl J. Drummer | Updated on May 02, 2002

ESCONDIDO, CA-A 170,334-sf shopping center, one of the city’s largest and most prominent, has sold in a transaction valued at $13.75 million. Some of the tenants include Ross Dress for Less, Smart and Final, Plummers Furniture, the U.S. Postal Service and Sizzler.

Marcus & Millichap Real Estate Investment Brokerage Co. have brokered the sale of the Civic Center Plaza, located at 315-445 N. Escondido Blvd. David J. Dematteis and John Erthein, senior investment associates, were the agents marketing the property for the seller, a Northern California-based investment partnership whose name the brokerage would not disclose.

Dematteis and Erthein are members of Marcus & Millichap¹s National Retail Group, which launched an extensive national marketing campaign. Dematteis and Erthein secured and represented the buyer, a Solano Beach, CA-based general partnership.

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