Milan Capital Management Acquires One Eleven La Quinta Center In La Quinta For $35M

The One Eleven La Quinta Center, located at 78950 CA-111 in La Quinta, has been sold in a recent transaction. The retail property, spanning 154,383 square feet, was sold for a total price of $35,000,000. The sale price equates to approximately $226 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $35,000,000
• Address: 78950 CA-111 - One Eleven La Quinta Center
• Market: La Quinta

The buyer of the property is Milan Capital Management, while the seller is Shovlin Companies. The transaction was facilitated by brokers Chris Tramontano and John Redfield from SRS Real Estate Partners.