Palomar Fitness Partners Buys 50,000 SF Retail Property in San Francisco

SAN FRANCISCO — Los Angeles-based Palomar Fitness Partners has acquired a retail building located at 1515 Sloat Blvd. in San Francisco. Lucky California Supermarket occupied the 50,000-square-foot property on a long-term lease. The buyer purchased the asset as part of a 1031 tax-deferred exchange. Additional terms of the transaction were not released. Patrick Wade and Alexander Kozakov of CBRE represented the undisclosed seller in the deal.