Torrey Corner Shopping Center in the Carmel Valley area sells for $6.1 million

Torrey Corner Shopping Center


Cassidy Turley BRE Commercial announced Aug. 29 the $6.1-million sale of Torrey Corner Shopping Center.

Located at 11120 and 11130 East Ocean Air Drive, the 13,344-square-foot retail center is situated in the premier Carmel Valley submarket. The center is anchored by Bank of America, Love to Dance, Prudential Real Estate, Sun Smiles Dentistry, Zip Fusion Sushi and Massage Envy.
Andrew Peterson, Bruce Schiff, CCIM, Phil Lyons, CCIM, and Chad Iafrate, CCIM, with Cassidy Turley BRE Commercial’s retail division represented the seller, Sorrento Hills Marketplace 2, LLC, in the transaction. The buyer, 3 Tier Investments, LLC, represented itself.

“Carmel Valley is a highly sought after trade area with limited retail projects and many barriers to entry for new development. It is no surprise that this well-located property sold at $457 per square foot – a high price for retail strip shopping centers,” said Andrew Peterson.

For more information about Cassidy Turley BRE Commercial, please visit www.brecommercial.com.

Related posts:

  1. Planning for new Carmel Valley shopping center creates a buzz
  2. World Triathlon leases space
  3. Carmel Valley: Public comment period on Kilroy project coming soon
  4. Movie Nights come to Piazza Carmel Shopping Center
  5. Carmel Valley Community Calendar

Short URL: http://www.delmartimes.net/?p=26796

Posted by Staff on Aug 29, 2011. Filed under Carmel Valley, Del Mar, News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Archives

Facebook

Bottom Buttons 1

Bottom Buttons 2

Bottom Buttons 3

Bottom Buttons 4

Bottom Buttons 5

Bottom Buttons 6

LA JOLLA NEWS

RANCHO SANTA FE NEWS

RANCHO SANTA FE NEWS

RSS RANCHO SANTA FE NEWS

  • Community input received on proposed health club and pool facility in Rancho Santa Fe
    About 100 Rancho Santa Fe residents showed up on Friday, Oct. 17, for a health club and pool community meeting, the last outreach before ballots were mailed on Monday, Oct. 20. On the ballots, members are being asked whether the Rancho Santa Fe Association should spend $350,000 on a professional planning phase for the potential new community amenity. RSF Ass […]
  • Czech violin duo to perform at Village Church in Rancho Santa Fe
    In cooperation with the Consulate General of the Czech Republic, the Czech School San Diego hosts a free classical violin concert by internationally recognized Czech violin player Jaroslav Svecený and his daughter, Julie Svecená, who are on a tour of the United States. The concert will be at 7 p.m. Oct. 27 in the Village Church. The father-daughter duo will […]
  • Rancho Santa Fe weekly sports update
    Torrey Pines defeated Canyon Crest Academy 4-3 in a Palomar League opener for both teams on Oct. 9. Alayna Tomlinson and Farah Farjood each scored two goals to lead the Falcons. Samantha “Sammy” Cirino added one goal and one assist. […]