103
San Diego — Marcus & Millichap has brokered the sale of North Park Retail, a single-tenant restaurant property at 2884 University Ave. in San Diego’s North Park neighborhood. Carlos Partners LLC sold the property to an entity doing business as 1295 University Family LP for $1.9 million. Built in 1948, North Park Retail features 3,200 square feet of space. The single-tenant property was renovated in 2014 for tenant Saiko Sake and Sushi Bar’s build out. Saiko Sushi plans to close when its lease expires in October, leaving the property available for lease. Ross Sanchez and Nick Totah of The Totah Group of Marcus & Millichap represented the seller in the transaction. Nate Benedetto of Next Wave Commercial procured the buyer.