G&I IX Esplanade LP Acquires 195 W Esplanade Dr, Oxnard Property For 488K

The Esplanade Shopping Center, located at 195 W Esplanade Drive in Oxnard, CA, spans 488,867 square feet and is situated in the Oxnard market. At the time of sale, the shopping center was 92.3 percent occupied, featuring a diverse range of retailers such as Nordstrom Rack, Walmart Neighborhood Market, T.J. Maxx, Staples, Dick’s Sporting Goods, Cost Plus World Market, and The Home Depot. Dining options at the center include BJ’s Restaurant, Blaze Pizza, In-N-Out Burger, Pick Up Stix, Jamba Juice, and Starbucks Coffee.

Summary of transaction details:

• Property Type: Regional Shopping Center
• Transaction Amount: Undisclosed
• Address: 195 W Esplanade Dr, Oxnard, CA, 930...
• Square Footage: 488,867
• Current Occupancy: 92.3 percent
• Seller: Brixmor Property Group
• Buyer: G&I IX Esplanade Property LP
• Seller's Representative: Matthew "Matt" Schwartz-Newmark

NKF Capital Markets represented the seller in this transaction, with Bill Bauman, Kyle Miller, and Matthew Schwartz involved in the representation efforts. Additionally, financing for the buyer was secured by NKF’s David Milestone and Brett Green.