Grocery-anchored neighborhood center at Parkway Plaza trades for $31.5 Million
United States, June 5 -- JLL Capital Markets announced that it has completed the $31.5 million sale of The Shops at Parkway Plaza, a grocery-anchored retail center totaling 122,484 square feet in El Cajon, California.JLL represented the private seller in the sale of the property. The buyer was a family office based in Texas.The Shops at Parkway Plaza is located at 149 Fletcher Pkwy, adjacent to Parkway Plaza Mall, a regional shopping destination in East County San Diego. The property benefits from a dense population base of more than 169,000 residents within three miles, daily foot traffic generated by the adjacent mall and excellent visibility and access from Interstate 8 and the San Vicente Freeway with over 260,000 vehicles per day combi...
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