In the News

Capstone Advisors successfully sold Poway Valley Center for $11.6 million, achieving an impressive $468 per square foot for the strategically located retail property. Our 24,800-square-foot asset has demonstrated exceptional tenant stability, boasting 16 long-term tenants, including Little Sprouts Daycare, Wingstop, and Poway Irish Pub, which showcases the value we create through strategic ownership and management in San Diego County’s prime retail markets. Read Full Article

Capstone Advisors has sold Poway Valley Center, a 24,802-square-foot retail property located in Poway, roughly 23 miles north of San Diego, for $11.6 million. The property comprises 16 tenants, including Little Sprouts Daycare, Wingstop, Poway’s Irish Pub, Don Pollo Mexican Food, and Bongiorno’s Pizzeria. Reg Kobe, Joel Wilson, and Michael Peterson of CBRE represented the seller, Capstone Advisors, in the transaction. Jimmy Leach and Erik Ransdell of Strands Realty Group represented the buyer, Badal Satasiya. Read Full Article

Carlsbad, CA – January 3rd, 2025 – Winter 2024/2025 Issue: Could retail real estate have emerged from the pandemic as a preferred asset class? Retail continues to evolve as consumer preferences shift, new retailers emerge, and old retailers either change with the times or go out of business. The pace of change and the threat of widespread disruption accelerated with the advent of online shopping and gave rise to predictions about the imminent “death of retail.” Current reports are more likely to tout retail’s comeback. However, well located, functional retail that meets current tenants’ needs has been enduring for years. Read Full Article

Solana Beach, CA – November 18th, 2024 – Capstone Advisors recently purchased the Solana Beach Beachwalk Shopping Center for $32.1 million. The Carlsbad-based company acquired the 55,580-square-foot property from GEM Realty Capital, a large Chicago-based investment firm that had owned the shopping center since April 2017. Read Full Feature

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.

Solana Beach, CA – November 15th, 2024 – Capstone acquired the Beachwalk Shopping Center in San Diego County for $32.1 million and plans to shift the tenant roster to include a focus on health and wellness.

The eight-building, 55,580-square-foot-center was acquired from GEM Realty Capital, which purchased the center in April 2017. The center, located in the Solana Beach area, an affluent beach community on the Pacific Coast Highway, has a retail mix of retail, restaurants and medical and creative office space. Retail installations in Solana include a mix of home decor, art, fashion, and food and beverage options. New tenants Pure Infrared Sauna and Lana Restaurant are currently under construction and will be among the first of many new businesses slated to open soon. Read Full Feature

Solana Beach, CA – November 14th, 2024 – Capstone Advisors is tapping into the popular and lucrative health and wellness boom. Capstone acquired the Beachwalk Shopping Center in San Diego County for $32.1 million and plans to shift the tenant roster to include a focus on health and wellness. The eight-building, 55,580-square-foot-center was acquired from GEM Realty Capital, which purchased the center in April 2017. The center, located in the Solana Beach area, an affluent beach community on the Pacific Coast Highway, has a retail mix of retail, restaurants and medical and creative office space. Retail installations in Solana include a mix of home decor, art, fashion, and food and beverage options. New tenants Pure Infrared Sauna and Lana Restaurant are currently under construction and will be among the first of many new businesses slated to open soon.  Read Full Feature

Solana Beach, CA – November 13th, 2024 – Capstone Advisors has purchased Beachwalk Shopping Center, a 55,580-square-foot retail center in Solana Beach, Calif., for $32.1 million. The buyer also took out a $25.8 million loan from LoanCore Capital for this property, according to CommercialEdge information. JLL represented the seller, identified by the same source as GEM Realty Capital. The firm had acquired the asset in 2017 for $33.3 million. Read Full Feature

Solana Beach, CA – November 13th, 2024 – Capstone Advisors has purchased Beachwalk Shopping Center in Solana Beach from GEM Realty Capital for $32.1 million. Located at 437 S. Highway 101, the 55,580-square-foot asset consists of eight buildings offering a mix of retail, restaurant, medical and creative office space. Read Full Feature

Solana Beach, CA – November 13th, 2024 – In a notable SoCal retail trade, Capstone Advisors bought Beachwalk Shopping Center, a 55.6k sf, coastal retail property in Solana Beach, for $32.125 mil ($578/sf). Beachwalk features a diverse tenant mix including food and beverage, health and wellness and service-oriented businesses with a strong following in the community. Read Full Feature