Home Finance RAF Pacifica Group, Local Architect Pay Combined $8.3MM for Encinitas Retail Portfolio
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RAF Pacifica Group, Local Architect Pay Combined $8.3MM for Encinitas Retail Portfolio

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Two separate buyers paid premium per-square-foot prices for a pair of small, tenant-occupied storefronts blocks from the beach in downtown Encinitas, evidence that scarce coastal retail supply is still commanding aggressive bidding even in an otherwise cautious investment climate. Marcus & Millichap arranged the combined $8.3 million sale of a two-property portfolio at 548-568 S. […]

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