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NKF Capital Markets Arranges $58.5 Million Sale of Shopping Center in Metro San Diego

Broadway-Plaza-Chula-Vista-CA

Walmart and Costco anchor Broadway Plaza, located nine miles southeast of San Diego in Chula Vista, Calif.

CHULA VISTA, CALIF. — NKF Capital Markets has arranged the $58.5 million sale of Broadway Plaza, a 356,335-square-foot shopping center in Chula Vista, located nine miles southeast of San Diego.

The center was fully leased at the time of sale to tenants including Walmart, Costco, Panda Express, Verizon, Subway, Chase Bank, Petco and GameStop.

Pete Bethea, Rob Ippolito and Glenn Rudy of NKF represented the seller, Kimco Realty. The buyer, Protea Properties LLC, was self-represented in the transaction.

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