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San Diego Firm Acquires Bel Villaggio Center

TEMECULA, CA-Pathfinder Partners purchases center for $18.5 million from two CMBS special servicers.

By David Phillips | Updated on September 23, 2013

SAN DIEGO-Continuing to expand its investment portfolio, Pathfinder Partners, LLC has purchased Bel Villaggio I and II and Bel Villaggio III, two specialty retail centers in Temecula.

In separate transactions totaling nearly $18.5 million, the properties were purchased from two different CMBS special servicers. C.W. Capital sold the 77,000-square-foot Bel Villaggio I and II – which houses Macaroni Grill, Navy Federal Credit Union, Cosi and Original Pancake House among others – for $12.75 million. Bel Villaggio III, a 40,000-square-foot center which is home to Shogun Restaurant, Aiyara Thai Cuisine and REVE Salon & Spa was sold by Torchlight Investors for $5.7 million.

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