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SAN DIEGO – JH Real Estate Partners (JHREP) has acquired San Carlos Shopping Center, a 125,661-square-foot shopping center in the San Diego submarket of Lake Murray, for $35 million. The center is located at 8680 Navajo Road. It is currently 81 percent leased to tenants like Walgreens, LA Fitness, Chase Bank and Starbucks.
JHREP plans to reposition and renovate the center. Leasing efforts will be handled by Cassidy Turley. The unnamed seller is from the East Coast.