Locally based Bartell Hotels Management Co. has purchased Villa Norte shopping center in La Jolla for $7.2 million, according to CoStar Group.
The center consists of two retail buildings completed in 1977 at 3211-3251 Holiday Court, totaling 19,702 square feet. The seller was LNR Property Corp.
Brokerage firm Marcus & Millichap represented the buyer and seller in the transaction.
— SDBJ Staff Report