Tower 16 Capital Partners Acquires Mixed-use Property In Encinitas For $8M

The mixed-use property located at 1532 N. Coast Highway 101 in Encinitas has been sold for a total of $8,000,000. The property spans 8,000 square feet, resulting in a price per square foot of $1,000. The sale took place on 07/07/2022.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $8,000,000
• Address: 1532 N. Coast Highway 101, Encinitas
• Market: Encinitas

The buyer, Tower 16 Capital Partners, acquired the property from Encinitas Properties LLC. The transaction was facilitated by Peter Curry of Cushman & Wakefield, acting as the broker representing both the buyer and the seller.