An Encinitas shopping center has been sold for $43 million.
The 124,411 square-foot Encinitas Marketplace at 110-194 El Camino Real was bought by Encinitas Marketplace, LLC.
The seller was undisclosed.
Richard Lebert and Matt Zimsky of Colliers International and Chris Ross of JLL represented the buyer.
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REZA Investment Group represented the seller.
“The Encinitas Marketplace presents an incredible investment opportunity for our buyer,” said Lebert, senior vice president at Colliers. “With a nearly 80 percent national and regional tenant base, the center is an important community asset with strong long-term potential for the new ownership.”
Real estate writer Ray Huard may be reached at rhuard@sdbj or 858-277-8904
