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Carlsbad, Calif. — JLL Capital Markets has arranged the $91.3 million sale of The Beacon, a 122,167-square-foot neighborhood center located in Carlsbad, roughly 35 miles north of San Diego. The Beacon, which comprises 15.2 acres, was originally built in 1982 and renovated from 2020 to 2023. Luxury fitness brand Equinox anchors the center, which features a mix of additional tenants such as Arhaus, Sweetgreen, Shake Shack, Jeni’s Ice Cream, Pitfire Pizza and Lofty Coffee Co.
Geoff Tranchina, Gleb Lvovich and Daniel Tyner of JLL represented the seller, Asana Partners. The buyer was 11North Partners.