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CenterSquare Investment Management Acquires Retail Property In Elk Grove For $17.2M

9304-9332 Elk Grove Road
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This Retail property located in CA was sold for $17,200,000 almost 2 years ago. The brokers of the deal were Warren McClean, Gleb Lvovich, Bryan Ley, and Eric Kathrein

Located at 9304-9332 Elk Grove Road in Elk Grove, this retail property spans across 4.2 acres. The sale of this property took place on May 16, 2022. The asset consists of 44,090 square feet of space, with a sale price of $17,200,000. The price per square foot amounts to $390.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $17,200,000
  • Address: 9304-9332 Elk Grove Road
  • Market: Elk Grove
  • Acres: 4.2

CenterSquare Investment Management acquired this property from Pacific Castle Management. The deal was facilitated by JLL brokers Eric Kathrein, Gleb Lvovich, Bryan Ley, and Warren McClean.

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Deals
  • Location
    9304 Elk Grove Florin Road, Elk Grove, California 95624, United States9304 Elk Grove Florin Road, Elk Grove, California 95624, United States
  • Sale Price
    $17,200,000$17,200,000
    $390 PPSF$390 PPSF
  • Area
    44,090 SF44,090 SF
  • Asset Type
    RetailRetail
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Warren McClean

Warren McClean

Deals5
Sold$130M

Gleb Lvovich

Gleb Lvovich

Deals36
Financed$897M

Eric Kathrein

Eric Kathrein

Deals8
Sold$246.2M

Bryan Ley

Bryan Ley

Deals16
Financed$457.2M

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

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Deal Summary

SALE IMAGE: Warren McClean, Eric Kathrein, Gleb Lvovich & Bryan Ley DATE: 05/16/2022 ADDRESS: 9304-9332 Elk Grove Road MARKET: Elk Grove ASSET TYPE: Retail ~ ACRES: 4.2 BUYER: CenterSquare Investment Management SELLER: Pacific Castle Management BROKERS: Eric Kathrein, Gleb Lvovich, Bryan Ley & Warren McClean - JLL (@JLL) SALE PRICE: $17,200,000 SF: 44,090 ~ PPSF: $390

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9304-9332 Elk Grove Road

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