Tourmaline Capital Buys Plaza Del Sol in California for $26 Million

Burbank, Calif. – The center was 98 percent leased at the time of sale.

Burbank, Calif. – Tourmaline Capital has acquired Plaza Del Sol, a 166,216-square-foot retail center in Burbank, for $26 million. Plaza Del Sol is adjacent to Bob Hope Airport and is fully occupied by tenants like Vallarta Supermarkets, Powerhouse Gym, Oakwood Corporate Housing and Freshology. Tourmaline was represented by Geoff Tranchina and Jason Gribin of Wilson Commercial Real Estate. The seller, HRB Plaza Del Sol LLC, was also represented by Tranchina and Gribin, in addition to Deborah Collins of the Collins Company. HRB is an entity of Barco Real Estate Management.

   — Nellie Day