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Retail Asset Sells for $5M

EL CAJON, CA-Pacific Development Partners acquires the 36,175-sf facility, which stands at the northeast corner of Jamacha Road and Granite Hills in Washington Plaza.

By Erin Cassin | Updated on January 26, 2004

EL CAJON, CA-As San Diego County’s retail market continues to attract a sizable share of investment dollars, yet another retail asset has traded hands here in a transaction valued at $5.1 million, which translates to approximately $142 per sf.

The property, which stands at the northeast corner of Jamacha Road and Granite Hills, is located in Washington Plaza. It encompasses a total of 36,175 sf.

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