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OXNARD, CALIF. — CBRE has arranged the sale of Oxnard Vineyards, an outdoor shopping center located at 2580-2698 E. Vineyard Ave. in Oxnard. An undisclosed private investor acquired the property from Loja Real Estate Group for $24.5 million.
Vallarta Supermarkets anchors the 102,139-square-foot property, which is situated on 11.5 acres. The grocer occupies 64 percent of the center with more than 10 years of the initial term left on its lease.
Orbell Ovaness, Brad Baskin and Artin Sepanian of CBRE represented the seller in the deal.