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Thursday, Mar 28, 2024
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Strip Shopping Center Sold For $6.5M

A Torrey Highlands strip shopping center has been sold for $6.5 million.

Torrey Del Mar Plaza at 13857-13859 has 10,008 square-feet of space in two buildings.

The center is completely occupied by eight service-related tenants, including a dentist, yoga studio, dry cleaners and animal hospital.

Carmel Valley Plaza, LLC sold the center to a private investor whose identity was not disclosed.

Representing the seller were Reg Kobzi, Sam Alison, Mike Philbin and Amar Goli of CBRE.

Jason Richards represented the buyer.

“This was a great opportunity to own a fully occupied retail center with a great mix of proven tenants in one of the wealthiest trade areas in Southern California,” said Kobzi, a senior vice president of CBRE in San Diego.

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