Mountain House, Calif. — Brixton Capital has acquired The Market Mountain House, an 88,872-square-foot neighborhood shopping center located within the master planned community of Mountain House, for $32 million. Situated roughly 50 miles east of San Francisco in San Joaquin County, The Market Mountain House features five buildings and was fully leased at the time of sale. Safeway anchors the property, which features a mix of additional tenants including Starbucks Coffee, The UPS Store, Great Clips, Häagen-Dazs, AappaKadai, Mountain Mike’s Pizza and Sourdough & Co. Shea Properties developed The Market Mountain House in 2022.
Rob Ippolito, Pete Bethea, Glenn Rudy, Nicholas Bicardo and Warren McClean of Newmark represented the seller, Aliso Viejo, California-based Shea Homes in the transaction, while Brixton represented itself.
This transaction marks Brixton’s fourth California retail purchase of 2025, including Washington Square in Petaluma; Elk Grove Village in Elk Grove; and the Civic Center Plaza in San Marcos.