Capstone Realty Advisors Acquires Retail Property In Encinitas For $12.2M

The retail property located at 191 N El Camino Real in Encinitas, California has been acquired by Capstone Realty Advisors. The asset, known as El Camino Square, was sold by US Financial LP for a total of $12.2 million. The property spans 28,037 square feet of retail space and features tenants such as T-Mobile, Salon Bella Bella, Golden State Bagels, and Chiltonic.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,200,000.00
• Address: 191 N El Camino Real, Encinitas, CA
• Market: Encinitas
• Buyer: Capstone Realty Advisors
• Square Footage: 28,037
• Buyer's Representatives: Kirk Allison(Agency not specified), Vic Gausepohl(Colliers International)
• Seller: US Financial LP

Vic Gausepohl and Kirk Allison from Colliers International San Diego Region served as the buyer's representatives in the acquisition of El Camino Square. The seller, US Financial LP, was self-represented in the deal. Gausepohl and Allison have also been appointed to handle the leasing responsibilities for the property.