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Local Investor Scores Property at Palm Promenade Shops for $11.6 Million

Angelo, Gordon & Co., Citivest Commercial Investments Sell Retail Building in San Diego's Imperial Beach Submarket
By Brooke Kiel
CoStar Research
June 26, 2019 | 6:37 P.M.

New York-based Angelo, Gordon & Co., partnered with Citivest Commercial Investments, sold a 24,120-square-foot retail building at Palm Promenade Shops in San Diego’s Imperial Beach submarket to a local private investor for $11.6 million, or approximately $481 per square foot.

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