RAF Pacifica Group Acquires Retail Portion of Pacific Station in Encinitas for $24M
ENCINITAS, CALIF. — RAF Pacifica Group has purchased the retail portion of Pacific Station, a 100,000-square-foot mixed-use asset featuring residential office and retail space in Encinitas. Loja Retail Partners sold the asset for $24 million.
Amazon, Whole Foods and Wells Fargo, among others, occupy the 39,000-square-foot retail portion. RAF Pacifica Group plans to hold the retail asset long-term.
Matt Moser of Retail Insight represented the buyer and seller in the off-market transaction.