Foley Enterprises Sells San Diego Retail Portfolio For $15.3M With Marcus & Millichap | 1202 University Avenue, 1220-1228 University Avenue & 1235-37 Cleveland Avenue | Ross Sanchez, Nicholas (Nick) Totah | Retail | Sale

Summary

Sale

CALIFORNIA

Retail

30,951 sqft

The retail property located at 1202 University Ave., 1220-1228 University Ave., and 1235-37 Cleveland Ave. in San Diego has been sold. The property spans a total of 30,951 square feet and was sold for a price of $15,270,000. The sale translates to a price per square foot of $493. Foley Enterprises, represented by Tim Foley, was the seller in this transaction.

Summary of transation details

Property Type: Retail
Transaction Amount: $15,270,000
Address: 1202 University Ave., 1220-1228 University Ave., and 1235-37 Cleveland Ave., San Diego
Market: San Diego
Square Footage: 30,951

Nick Totah and Ross Sanchez of Marcus & Millichap acted as the brokers for this sale, representing the buyer in the transaction.

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Players

Agents
2

Agencies
1

Ross Sanchez

Investment Associate

$52.5M Sold

Nicholas (Nick) Totah

First Vice President Investments

$58.7M Sold

Details

Deal Summary

SOLD

IMAGE: Ross Sanchez & Nick Totah DATE: 09/29/2021 ADDRESS: 1202 University Ave., 1220-1228 University Ave. & 1235-37 Cleveland Ave. MARKET: San Diego ASSET TYPE: Retail SELLER: Foley Enterprises - Tim Foley BROKERS: Nick Totah & Ross Sanchez - Marcus & Millichap SALE PRICE: $15,270,000 SF: 30,951 ~ PPSF: $493

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Address1202 University Avenue, 1220-1228 University Avenue & 1235-37 Cleveland Avenue

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