Investec Announces Acquisition of $21 Million Shopping Center The Plaza at Sunbow in San Diego (2010-02-02)
Investec acquired The Plaza at Sunbow in San Diego, California for approximately $21 million. The 100,000 sq.ft. shopping center is anchored by Ralphs and CVS/pharmacy, along with a host of national retailers including Starbucks, McDonald’s, KFC and T-Mobile. The transaction was sourced by Investec as an off-market acquisition opportunity from a private investor. The addition of Sunbow brings Investec’s retail portfolio to nearly 2,000,000 sq.ft. of retail space in California, valued at over $620 million.
