CEG Capital Partners Buys Shops at Madison Place in San Diego for $23 Million

San Diego — CEG Capital Partners has acquired Shops at Madison Place, a 53,294-square-foot retail property located in San Diego, for $23 million. The property was 93 percent leased to a variety of long-standing tenants at the time of sale including Golf Bar, Victory MMA & Fitness, STP Bar and Grill and CosmoProf. Michael Peterson, Reg Kobzi and Rachel Parsons of CBRE represented the seller, an entity doing business as The Shops at Madison Place LLC, in the deal.