VISTA, CA-Los Angeles-based M&A Gabaee has picked up a big-box retail building near state Route 78 in Vista for $8 million. According to a CBRE statement, the 95,194-square-foot retail building was 92% occupied by Burlington Coat Factory at the time of closing.

The building, located at 650 Sycamore Ave., was sold by Vista Associates. Burlington Coat Factory and Shadowridge Veterinary lease 84,084 square feet and 3,434 square feet, respectively. The buyer was represented by Coldwell Banker Commercial and the seller was represented by CBRE. For the full story, go to San Diego Business Journal .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.