DPI Retail Acquires Power Plaza In Vacaville, CA For $29.2M From ProEquity Asset Management

DPI Retail has acquired the 112,250 square foot Power Plaza in Vacaville, CA, for $29.2 million. The property, located at 1001-1071 Helen Power Drive, is a retail asset anchored by Sprouts. Situated near Interstate 80, the plaza boasts a strategic location with strong leasing and recent signings.

Summary of transaction details

• Property Type: Retail
• Sale Price: $29,200,000
• Square Footage: 112,250
• Price per Square Foot: $260
• Address: 1001-1071 Helen Power Drive
• Market: Vacaville

The sale was facilitated by JLL, with brokers Eric Kathrein, Tim Kuruzar, Warren McClean, and Andy Spangenberg representing both the buyer, DPI Retail, and the seller, ProEquity Asset Management. This transaction adds to JLL's portfolio, as they recently managed a similar sale in Fort Worth, Texas.