Los Angeles-based Black Lion Investment Group has acquired a Vista retail center for $6.15 million, according to brokerage firm Marcus & Millichap.
The sellers of the 48,985-square-foot Mesa Vista Center, at 1280 E. Vista Way, were the Hirth-Lomax Trust and Hirth-Wood Trust of Vista.
The buyer was represented by Marcus & Millichap’s Matt Hardy and Matt LoPiccolo, and the seller was represented by the firm’s A.J. Crane and LoPiccolo.
Brokers said the retail center was built on approximately five acres in the 1980s and is anchored by O’Reilly Auto Parts. It was 71 percent occupied at the time of sale.