Thursday, March 10, 2011

HFF named to market for sale Bressi Ranch Village Center in Carlsbad, CA




IRVINE, CA – HFF has been named to market for sale Bressi Ranch Village Center (top left photo), a 111,403-square-foot, trophy grocery-anchored retail center in Carlsbad, California.

HFF will market the property on behalf of the LNR CPI Fund.  There is no formal asking price for the property.

Located in the coastal Southern California city of Carlsbad, Bressi Ranch Village Center is part of the prestigious 525-acre master planned Bressi Ranch development.

 Constructed in 2009 after nearly seven years of planning, the center is 95 percent leased and is anchored by Stater Bros., Trader Joes, Unleashed by PETCO, Souplantation Express, Chase Bank and Rubios.

The HFF team representing LNR CPI Fund includes senior managing director Ryan Gallagher (middle right photo)  and directors Kelly Rohfeld (lower left photo)  along with Stewart Keith at Flocke and Avoyer.

“This is truly a unique opportunity to buy a newly-developed, dual grocery-anchored center in a great location," said Gallagher.  “It is one of the newest and most attractively designed grocery-anchored centers in Southern California.”

Contacts:  
Ryan Gallaher, Ca. Lic. # 01269918, HFF Senior Managing Director, (949) 253-8800, rgallagher@hfflp.com
 Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500,
                              
                                                                                                                                   

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