Member Press Release

Pacific Coast Commercial/TCN Worldwide in San Diego Brokered the Sale of a Neighborhood Retail Center Located at 403-407 N. Twin Oaks Valley Road, San Marcos, CA for $8.2M

Pacific Coast Commercial is pleased to announce the sale of Twin Oaks Town Center, a 21,390 SF neighborhood retail center located in San Marcos California.

“Pacific Coast Commercial represented the Seller in the acquisition of the project in November of 2014. PCC continued to manage and lease the property adding value to the center over the next 7+ years. The property was in a great position to be sold to another long-time client that was in a 1031 exchange and keenly focused on buying a multi-tenant investment property in San Diego County,” stated Bo Gibbons, Associate Vice President of PCC.

Bo Gibbons, Liam Teer, and Lee Suryani of Pacific Coast Commercial represented the Seller, and Brian Crepeau and Bo Gibbons of Pacific Coast Commercial represented the Buyer.

 

SALE DETAILS

Property Type: Neighborhood Retail Center

Address: 403-407 N. Twin Oaks Valley Road, San Marcos, CA 92069

Square Footage: 21,390 sq. ft.

Sale Price: $8,200,000

Seller Name: ODA LLC

Buyer Name: Milwaukee Kiffmann LLC