CBRE Arranges $24.5 Million Sale of Grocery-Anchored Retail Center in Southern California

Vallarta Supermarkets anchors the 102,139-square-foot center located in Oxnard, California. Vallarta Supermarkets anchors the 102,139-square-foot center located in Oxnard, California.

Oxnard, Calif. — CBRE has arranged the sale of Oxnard Vineyards, a 102,139-square-foot shopping center located in Oxnard, California.

An undisclosed private investor acquired the property from Loja Real Estate Group for $24.5 million. Vallarta Supermarkets anchors the property, which is situated on 11.5 acres. The grocer occupies 64 percent of the center with more than 10 years of the initial term left on its lease. Orbell Ovaness, Brad Baskin and Artin Sepanian of CBRE represented the seller in the deal.

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