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Temecula Shopping Center Trades for $18.5M

Pathfinder Partners LLC purchased the Bel Villaggio shopping center for $18.5 million in two separate transactions. The San Diego-based investment firm purchased Bel Villaggio I and II from CW Capital Asset Management for $12.75 million, or about $165 per square foot, and the Bel Villaggio III for $5.7 million, or about $139 per square foot, from LNR Property Corporation.

Bel Villaggio I & II was built in 2002 and totals 77,275 square feet, while…

via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Temecula-Shopping-Center-Trades-for-$185M/153261?ref=/News/Article/Temecula-Shopping-Center-Trades-for-$185M/153261&src=rss