JLL arranges $58.25M sale of Marigold Center in San Luis Obispo
United States, Oct. 2 -- JLL Capital Markets announced today that it arranged the $58.25 million sale of Marigold Center, a 174,428-square-foot grocery-anchored shopping center located at 3900 Broad St. in San Luis Obispo, California.JLL represented the seller, First Washington Realty, in the transaction. Nuveen Real Estate acquired the asset.Marigold Center is a community shopping center situated on approximately 17.55 acres and was 91.6% leased at the time of sale. The property is anchored by Vons, CVS Pharmacy and Planet Fitness and features a diverse mix of grocery, pharmacy, fitness, sporting goods, restaurant, medical and service-oriented tenants. The center benefits from full site control, with all shop space and pad buildings under ...
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