POWAY, CA—Capstone Advisors, a real estate investment, development and advisory firm headquartered in Carlsbad has acquired two retail centers in Poway. The centers were acquired in two separate transactions totaling approximately $11 million.

Capstone acquired Sabre Springs Plaza, a 15,038-square-foot retail center located at the intersection of Poway Road and Springbrook Drive in the Sabre Springs community of San Diego. The center was purchased for $4.55 million and is a core-plus class asset anchored by 7-Eleven.

“This was a unique opportunity to capitalize on our in-depth knowledge of the area to source a transaction that many others had overlooked,” said Alex Zikakis, president and CEO of Capstone Advisors. “The property has operational and market inefficiencies that are easily corrected, which will allow us to significantly improve the performance of the center.”