Инвесторы приобрели торговый центр в Энцинитас за 4,7 млн долларов в сделке вне биржи

ENCINITAS – RAF Pacific Group (RPG) has acquired a fully leased Encinitas shopping center for $4.7 million in an off-market deal arranged by the shopping center’s tenants when they heard that the property was about to be put up for sale. “I actually got a call from one of the tenants who said, ‘Hey, this guy is going to sell this building. I’d love for you to be my landlord’,” said RPG founder and president Adam Robinson. “He gave me his price and I accepted it,” Robinson said. “Properties like this rarely make it to market, and when they do, they move fast.” At 4,939 square feet, the property at 548-568 South Coast Highway is fully leased to five tenants, including three retail shops and two restaurants, according to Robinson. “This is exactly the kind of asset we look for – a well-located retail building in an irreplaceable beach community with almost no path for new competition,” Robinson said. “These are kind of generational properties. We’ll probably own it for 50 or 60 years. These aren’t flips for us. These are long-term holds.” Robinson said that the property was in good shape when he bought it, so he’s not planning to make any major changes. “We’re just going to keep the building and clean it up a little over time,” said Robinson, who lives in Encinitas, has an office across the street from the shopping center and has developed several projects in the city. “We know the market really well,” Robinson said. “I really like the real estate in downtown Encinitas. It stays leased; it does well.” Top Tier Assets RPG’s purchase is one of several recent retail property sales in what continues to be a strong market for retail property, including the July sale of Encinitas Village Square at 1450-1476 Encinitas Blvd. for nearly $26 million. The vacancy rate for retail property throughout San Diego County ended the second quarter of 2026 at a low 4.6%, according to JLL. “San Diego’s strong economic foundation – spanning tech, life sciences, tourism, and defense – and lower retail space per capita – will continue to drive outperformance in sales productivity in the range of 3-4%,” Craig Killman, JLL managing director and retail advisory lead wrote in JLL’s second quarter report. “This premium performance continues to attract national retailers. San Diego is firmly on the expansion radar, and that momentum is showing no signs of slowing,” Killman wrote. The sale of Encinitas Village Square “is another example of investors gravitating toward top-tier shopping center assets in proven retail submarkets,” said Pete Bethea, Newmark Pacific vice chairman. Bethea and Newmark Pacific senior managing directors Glenn Rudy and Rob Ippolito brokered the Encinitas Village Square sale on behalf of Festival Management, which sold the property to US Property Trust. “Encinitas has long been recognized as one of San Diego’s strongest retail markets and continues to attract many of the industry’s most sought-after retailers and concepts,” Bethea said. “With its premier location, strong demographics, and curated tenant mix, Encinitas Village Square is well positioned to benefit from the market’s continued momentum.” Built in 1975 and renovated in 2016, the shopping center was 99% leased at the time of sale, according to Bethea. Tenants include California Pizza Kitchen, The Habit Burger Grill, Luna Grill and Peet’s Coffee. RAF Pacifica Group (RPG) FOUNDED: Encinitas FOUNDED: 2016 PRESIDENT & CEO: Adam Robinson BUSINESS: residential and commercial real estate development EMPLOYEES: 24 WEBSITE: www.rafpg.com(opens in new tab) CONTACT: 858-314-3116 NOTABLE: RPG has acquired and developed more than 6.3 million square feet of commercial property A native of New England, Ray Huard has been a reporter at newspapers in California, Florida and New England, including The (Jacksonville) Florida Times-Union, the Miami Herald, the Palm Beach Post in West Palm Beach, the San Diego Union-Tribune, the North County Times, and the San Diego Business Journal. He has covered a wide variety of beats including real estate, politics, science, the environment, state and city government and courts.