NKF Capital Markets Arranges Sale of 488,867-Square-Foot Esplanade Shopping Center in Southern California

by Camren Skelton

Oxnard, Calif. — NKF Capital Markets has arranged the sale of Esplanade Shopping Center, a regional shopping center located in Oxnard.

Brixmor Property Group sold the property to G&I IX Esplanade Property LP for an undisclosed price. At the time of sale, the 488,867-square-foot property was 92.3 percent leased to tenants such as Nordstrom Rack, Walmart Neighborhood Market, TJ Maxx, Staples, Dick’s Sporting Goods, Cost Plus World Market and The Home Depot. The property houses restaurants such as Blaze Pizza, In-N-Out Burger, BJ’s Restaurant, Pick Up Stix, Jamba Juice and Starbucks Coffee. Bill Bauman, Kyle Miller and Matthew Schwartz of NKF Capital Markets represented the seller. Additionally, NKF’s David Milestone and Brett Green secured financing for the buyer in the transaction.

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