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Retail Complex Rings Up $14M for Family Trust

LA MESA, CA-Beauchamp Family Trust sells the 172,500-sf shopping center to Otay Mesa International Plaza LLC. The complex, which is located at 7900-7968 El Cajon Blvd., is anchored by Burlington Coat Factory, El Torito Restaurant and 99" Only Store.

By Erin Cassin | Updated on September 17, 2002

LA MESA, CA-An LLC has bagged the La Mesa Crossroads retail complex in a deal valued at $14 million.

Otay Mesa International Plaza LLC has acquired the 172,500-sf shopping center from Beauchamp Family Trust. Anchored by Burlington Coat Factory, El Torito Restaurant and 99¢ Only Store, the property is located at 7900-7968 El Cajon Blvd. in La Mesa. It was 92% occupied at the time of sale. The buyer plans to hold the retail complex as an investment, according to a company spokesperson.

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