In the News

San Diego, CA – September 25th, 2024 – The Island at Carlsbad has expanded its tenant lineup with new businesses, broadening the retail center’s dining and healthcare options. The Island at Carlsbad is a shopping center located at 5814 Van Allen Way, on the northwest corner of College Blvd and Faraday Avenue.

Carlsbad-based Capstone Advisors, a real estate investment and development firm that purchased the 40,144 square-foot retail center for $11.8 million in 2015, recently announced the addition of Derrington Orthopedics, Sabor a Vida Café & Deli and Pho Central and the opening of The Breakfast Mug. Read Full Feature

San Diego, CA – September 23rd, 2024 – The tenant roster at The Island at Carlsbad expands with the addition of Derrington Orthopedics, Sabor a Vida Café & Deli and Pho Central, and the opening of The Breakfast Mug, increasing the diverse array of businesses available to the Carlsbad community. Read Full Feature

San Diego, CA – September 20th, 2024 – New stores are opening at a North County shopping center. According to a press release from Capstone Advisors, the development firm for The Island at Carlsbad, new auditions this month will include two new restaurants and a medical office for area residents.

The new dining options will include a Vietnamese restaurant and a vegan cafe. The Breakfast Mug, which was previously under reservation, will also reopen. “We pride ourselves in creating spaces where communities can gather, and local businesses can flourish,”  said Alex Zikakis, president of Capstone Advisors. Read Full Feature

San Diego, CA – July 30th, 2024 – The improved work/life balance has resulted in more time spent shopping, even with a mass amount of malls and brick-and-mortar stores closing over the past couple of decades. The issue was supply not meeting demand in the space – but now that has reversed with construction and development becoming more scarce, according to Alex Zikakis, CEO and president of CapstoneAdvisors.

“The best thing for retail reputation and appreciation was people’s understanding of just how valuable and necessary it is, especially having gone through a pandemic and that you still pretty much need physical retail,” he told GlobeSt. Read Full Feature

Del Mar, CA – July 15th, 2024 – The second of Del Mar Foundation’s Summer Twilight Concerts entertained a packed Powerhouse Park — and an ocean filled with surfers — with surf sounds and the music of Jimmy Buffett on July 9. The Tourmaliners opened the show with a dynamic surf guitar set, entertaining a big crowd in the water on surfboards, as well as those in the park.

Jimmy’s Buffet then took the stage, performing the iconic music of Jimmy Buffett while the sun set and the crowd danced the night away. The Twilight Concert sponsors who make these shows possible are Capstone Advisors, Del Mar Car Care, Jake’s Del Mar, Monarch Ocean Pub, Poseidon Restaurant Del Mar, Rande Turner Collective, Zel’s Del Mar, D’ Arcy Capital, Sharon & Richard Bockoff, and the County of San Diego. Read Full Feature

South Jordan, Utah – July 2nd, 2024 – Capstone Advisors, a California-based real estate investment, development and advisory firm, has purchased the Trail Crossing Shopping Center at 5414 W. Daybreak Parkway, South Jordan, from Wright Development Group. Financial terms were not disclosed. The shopping center was built in 2017 and has 38,397 square feet of retail shopping space spanning five buildings. Currently at full capacity, the center is anchored by Smith’s Food & Drug. It is in the Daybreak master-planned community. Read Full Feature

South Jordan, Utah – July 8th, 2024 – Capstone Advisors, a California-based real estate investment, development and advisory firm, has purchased the Trail Crossing Shopping Center at 5414 W. Daybreak Parkway, South Jordan, from Wright Development Group. Financial terms were not disclosed. The shopping center was built in 2017 and has 38,397 square feet of retail shopping space spanning five buildings. Currently at full capacity, the center is anchored by Smith’s Food & Drug. It is in the Daybreak master-planned community. Read Full Feature

South Jordan, Utah – July 2nd, 2024 – Capstone Advisors, a diversified real estate investment, development and advisory firm headquartered in Carlsbad, California, expands its portfolio with the purchase of the Trail Crossing Shopping Center in South Jordan.  

The acquisition of the retail center, located at 5414 W. Daybreak Parkway, officially closed on June 13. The seller, Wright Development Group, constructed the shopping center in 2017. The property is 38,397 square feet of retail shopping space spanning five buildings. Currently, at full capacity, the center is anchored by Smith’s Food and Drug, a grocery subsidiary of The Kroger Co., along with a diverse array of national, regional, and local tenants providing essential goods and services. Read Full Feature

South Jordan, Utah – July 2nd, 2024 – Capstone Advisors has purchased Trail Crossing Shopping Center, a 38,397-square-foot retail center located in South Jordan, roughly 20 miles south of Salt Lake City. Smith’s Food and Drug, a subsidiary of The Kroger Co., anchors the property, which was built in 2017. Wright Development Group sold the center for an undisclosed price. Read Full Feature

La Quinta, CA – June 12th, 2024 – Province West and Capstone Advisors are pleased to announce the closing by Toll Brothers of Griffin Estates, a new community consisting of 37 half-acre lots located in La Quinta, California.

Located south of Avenue 54 and east of Madison Street in a unique equestrian-themed community within the existing 239-acre Griffin Ranch Specific Plan, Griffin Estates has been entitled for 37 lots with a minimum lot size of 20,000 square feet. Along with the many amenities La Quinta has to offer its residents, Griffin Estates will also offer ample walking and multi-use trails that connect to the adjacent PGA West golf course and the Griffin Club, a 10,000-square-foot ranch clubhouse. Read Full Feature