US EditionSan Clemente Retail Trades in "Very Complicated" Deal - Connect CRE
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San Clemente Retail Trades in "Very Complicated" Deal - Connect CRE
Marcus & Millichap arranged the sale of 2727 Via Cascadita, a 24,933-square-foot retail center in San Clemente. The property sold for $8.9 million, or $356.95 per square foot, at a 5.39% cap rate. Tony Azzi and Rabbie Banafsheha of The Azzi Group of Marcus & Millichap represented the seller, Casual Cascade De, LLC. The buyer, Space Investment Partners, LLC, was procured by Azzi, Banafsheha and Arteen Zahiri, also of The Azzi Group. The team gen…
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