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1480 Eastlake Parkway
SOLD

Gersham Properties Acquires Retail Property In Chula Vista For $47.8M

1480 Eastlake Parkway

Retail
363,300 SF
clock iconSold 1 year ago
Rob Ippolito
Pete Bethea
Glenn Rudy
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Summary

Sale
CALIFORNIA
Retail
363,300 sqft

Located at 1480 Eastlake Parkway in Chula Vista, this retail property was recently sold in a closed transaction. The property spans a total area of 363,300 square feet. Gersham Properties acquired the asset from Crow Holdings for a sale price of $47,800,000, resulting in a price per square foot of $131.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $47,800,000
  • Square Footage: 363,300
  • Address: 1480 Eastlake Parkway
  • Market: Chula Vista

The deal was facilitated by the brokers Pete Bethea, Rob Ippolito, and Glenn Rudy from Newmark, who represented the buyer, Gersham Properties, in the transaction.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Rob Ippolito's profile picture
Rob Ippolito
Newmark-image
Senior Managing Director
$400.1M Sold
Pete Bethea's profile picture
Glenn Rudy's profile picture

Details

Deal Summary
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SOLD
IMAGE: Rob Ippolito, Pete Bethea & Glenn Rudy DATE: 08/12/2022 ADDRESS: 1480 Eastlake Parkway MARKET: Chula Vista ASSET TYPE: Retail BUYER: Gersham Properties SELLER: Crow Holdings BROKERS: Pete Bethea, Rob Ippolito & Glenn Rudy - Newmark (@Newmark) SALE PRICE: $47,800,000 SF: 363,300 ~ PPSF: $131

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Address1480 Eastlake Parkway

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