Marc Brutten Of Brixton Capital Acquires Carmel Mountain Gateway Plaza In San Diego For $21.3M

The property asset involved in this transaction is a retail center located at 11465-11495 Carmel Mountain Road in San Diego. The sale price for the asset was $21,300,000 and it encompasses a total square footage of 44,230. The property is situated in a market known for its commercial viability, and it was recorded at a price per square foot of $482.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $21,300,000
• Square Footage: 44,230
• Address: 11465-11495 Carmel Mountain Road
• Market: San Diego
• Buyer: Marc Brutten - Brixton Capital
• Seller: Triwell Properties
• Broker: Kyle Erthner - UrbanCalifornia
• Leased Percentage at Sale: 75%

Marc Brutten of Brixton Capital is noted for acquiring the Carmel Mountain Gateway Plaza, marking a strategic addition to their portfolio. Kyle Erthner from UrbanCalifornia represented the seller, Triwell Properties, in this transaction, which reflects Brixton Capital's continued investment in California retail properties.