OCEANSIDE, CA—The 87,740 square foot Oceanside Town & Country Shopping Center was sold recently to Sterling Organization as part of the firm's institutional fund Sterling Value Add Partners II, LP, fund.
Cushman & Wakefield's Retail Investment Team led by Dixie Walker facilitated the sale $15.7 million sale of the asset. The sellers were Prudential Real Estate Investors and Kimco Realty Corporation.
Oceanside Town & Country is anchored by a Smart & Final Extra! grocery store. Other national and regional retailers at the center include Starbucks, T-Mobile, West Marine, The UPS Store and Avis. The property is located at the interchange of the Interstate 5/San Diego Freeway and Oceanside Boulevard, approximately one mile from the Pacific Ocean.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
