Steerpoint Capital and SteelWave Acquire The Shoppes at Carlsbad

Steerpoint Capital and SteelWave Acquire The Shoppes at Carlsbad

The $71.5 million acquisition of the regional mall is the latest transaction completed through the firms' joint venture platform. CARLSBAD, Calif., Sept. 23, 2025 /PRNewswire/ -- Steerpoint Capital, in a joint venture with SteelWave, announced today the acquisition of The Shoppes at Carlsbad, a 1.1 million-square-foot regional shopping center in Carlsbad, Calif. The $71.5 million transaction highlights the partners' strategy of targeting well-lo…

Steerpoint, SteelWave Pay $71.5M for Shoppes at Carlsbad

Steerpoint Capital, in a joint venture with SteelWave, has acquired The Shoppes at Carlsbad, a 1.1-million-square-foot regional shopping center in Carlsbad, for $71.5 million. The acquisition marks the second transaction completed by Steerpoint and SteelWave under their JV platform. Located in northern San Diego County, The Shoppes at Carlsbad sits just off Interstate 5 at SR-78. With this acquisition, Steerpoint Capital is adding prominent bran…