SAN DIEGO, Calif., November 9, 2021 – Cushman & Wakefield has brokered the sale of a freestanding commercial/retail property located in the heart of the village of Rancho Santa Fe in San Diego, California. The property located at 6015 Paseo Delicias sold for $5.6 million to undisclosed local investors.
Peter Curry, Brooks Campbell and Kevin Cuff of Cushman & Wakefield’s Private Capital Group in San Diego represented the seller, Francisco Family Partnership, which had owned the property for the last 83 years.
“This an iconic, generational asset that presented a very rare acquisition opportunity,” said Peter Curry, Managing Director. “The buyers were attracted to this unique property due to its location on the most prominent corner in downtown Rancho Santa Fe.”
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services.