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Home Finance Nuveen Real Estate Acquires 174,000 SQFT Marigold Center in San Luis Obispo from First Washington Realty for $58.25MM
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Nuveen Real Estate Acquires 174,000 SQFT Marigold Center in San Luis Obispo from First Washington Realty for $58.25MM

October 12, 20263 Mins read451
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Nuveen Real Estate has acquired Marigold Center, a Vons-anchored community center on San Luis Obispo's south side, from First Washington Realty for $58.25 million, a price roughly 34 percent above what the property fetched less than a decade ago and a fresh signal that institutional money is chasing grocery-anchored retail well beyond California's big metros.

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