Solana Beach, CA – November 15th, 2024 – Capstone Advisors, a Carlsbad investment firm, has acquired a Solana Beach shopping center for $32.1 million with plans to spend another $4 upgrading it.
CEO Alex Zikakis said that he’s had his eye on the 56,000-square-foot Beachwalk Shopping Center at 427 Highway 101 for several years, but was outbid by G Realty Capital, a Chicago company that Zikakis said specializes in office property, when her first tried to buy it seven years ago. Read Full Feature