961 and 965 Palomar Airport Road -- photo courtesy of JLL

961 and 965 Palomar Airport Road -- photo courtesy of JLL

A Phoenix-based partnership of Hannay Realty Advisors and MDC Realty Advisors USA has purchased the Palomar Place retail center in Carlsbad for $15 million, according to brokerage company JLL, which represented the seller.

The seller was San Diego-based Mission Equities Real Estate Inc., represented by JLL’s Bob Prendergast, Lynn LaChapelle, Craig Killman and Bryan Cunningham.

The 15,317-square foot neighborhood retail center, at 961 and 965 Palomar Airport Road, was built in 2013 and was fully leased at the time of the transaction. Tenants include Burger Lounge and Starbucks Coffee.