JLL arranges $9.45M sale of Shops at Edgewater in Sand City
United States, Sept. 29 -- JLL Capital Markets announced the $9.45 million sale of Shops at Edgewater, a 25,223-square-foot retail property located at 2080 California Ave. in Sand City, California.JLL represented the private seller in the transaction. Sand City Holdings LLC acquired the asset with representation from Tim Sotoodeh, Ryan Rostami and Rustin Rostami.Shops at Edgewater is a fully leased multi-tenant retail building situated within Edgewater on Monterey Bay, a dominant regional shopping destination serving Monterey County and the broader Central Coast along Highway 1. The property is 100% leased to ULTA Beauty, Panera Bread, Mancini's Sleepworld and a Bank of America ATM. Recent lease extensions with key tenants provide long-term...
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