El Cajon, Calif. — Pacific Coast Commercial has arranged the sale of a multi-tenant retail center located at 701-777 Broadway in El Cajon, about 17 miles from San Diego. Broadway Center Associates sold the property to an entity known as Alcatraz475 LP/Birch8330 LP for $8.2 million. At the time of sale, the 25,460-square-foot property was 95 percent leased to a mix of local and regional retail tenants. Brian Crepeau and Vanessa Reza of Pacific Coast Commercial represented the seller, while Bing Udinsky of The Udinsky Group represented the buyer in the deal.
Pacific Coast Commercial Negotiates $8.2 Million Sale of Shopping Center in Metro San Diego