La Plaza Investment Sells Retail Center In La Jolla For $10.2 Million With CBRE Brokers

The property asset involved in this transaction is a retail center located at 7863-7877 Girard Avenue in the La Jolla market. The asset encompasses a total square footage of 28,866 and has been sold for a price of $10,200,000, translating to a price per square foot of $353.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $10,200,000
• Square Footage: 28,866
• Address: 7863-7877 Girard Avenue
• Market: La Jolla
• Seller: La Plaza Investment
• Brokers: Michael Peterson, Reg Kobzi & Jimmy Slusher - CBRE

This transaction was facilitated by CBRE, with the brokers Michael Peterson, Reg Kobzi, and Jimmy Slusher representing La Plaza Investment. The buyer is a private family office that intends to maintain the property as a fully leased retail center.