Cushman & Wakefield Arranges $19 Million Sale of Central Towne Square in Southern California

Foods Co. anchors Central Town Square, located in the coastal community of Lompoc, California. Foods Co. anchors Central Town Square, located in the coastal community of Lompoc, California.

Lompoc, Calif. — Cushman & Wakefield has arranged the $19 million sale of Central Town Square, a grocery-anchored shopping center located in Lompoc, California.

Cushman & Wakefield’s Dixie Walker and Charley Simpson represented the seller, Los Angeles-based Jade Enterprises, in the disposition of the property to an undisclosed, high net-worth individual. Foods Co., a subsidiary of The Kroger Co., anchors the property. The center is 97 percent occupied by 15 tenants including O’Reilly Auto Parts, Wells Fargo, Payless ShoeSource, Sally Beauty, Applebee’s Bar & Grill, GameStop and MetroPCS.

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