Brixton Capital sells coastal San Diego shopping center to Milan Capital Management for $30.5 Million
United States, Dec. 2 -- JLL Capital Markets announced the $30.5 million sale of Pavilion Shopping Center, a 137,742-square-foot grocery-anchored retail property strategically positioned in Vista's premier retail corridor along State Route 78.JLL represented the seller, Brixton Capital, in the transaction. Milan Capital Management acquired the fully renovated shopping center. Working on behalf of the new owner, JLL also sourced $19.525 million in acquisition financing.Located at 1900-98 Hacienda Dr., the open-air shopping center commands exceptional visibility and direct access from SR-78, which carries more than 154,000 vehicles daily. The property sits at the intersection of Hacienda Dr. and South Emerald Dr. within Vista's dominant retai...
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