CARLSBAD, California – May 24, 2019 – Capstone Advisors has acquired El Camino Square Shopping Center in Encinitas, California for $12.2 million. The 27,499 square-foot property is located at 191 N. El Camino Real, on the busy northeast corner of El Camino Real and Via Molena, in the heart of Encinitas’ retail corridor.
The property becomes Capstone’s ninth commercial asset in San Diego County and the firm’s third acquisition in the past eight months. “El Camino Square is a great addition to our existing San Diego real estate portfolio. The property is located in one of the strongest and most dynamic retail submarkets in San Diego County. We look forward to implementing our plan to improve the condition of the property and contribute to the success of its tenants. We are very pleased to add this great asset to our portfolio,” said Alex Zikakis, President and CEO of Capstone Advisors…(Read More)