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Foley Enterprises Sells San Diego Retail Portfolio For $15.3M With Marcus & Millichap

1202 University Avenue, 1220-1228 University Avenue & 1235-37 Cleveland Avenue
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This Retail property located in CA was sold for $15,270,000 over 2 years ago. The brokers of the deal were Ross Sanchez and Nicholas (Nick) Totah

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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Deals
  • Location
    1202 University Avenue, San Diego, CA, USA1202 University Avenue, San Diego, CA, USA
  • Sale Price
    $15,270,000$15,270,000
    $493 PPSF$493 PPSF
  • Area
    30,951 SF30,951 SF
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Ross Sanchez

Ross Sanchez

Deals5
Sold$44.7M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE 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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1202 University Avenue, 1220-1228 University Avenue & 1235-37 Cleveland Avenue

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