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Older Retail Centers Getting Investor Attention in San Diego Area

Chula Vista Deal Shows Impact of Scarce Construction, Land Availability
SENTRE Inc. plans renovations at the recently acquired, 30-year-old Bonita Point Plaza shopping center in Chula Vista, California. (SENTRE)
SENTRE Inc. plans renovations at the recently acquired, 30-year-old Bonita Point Plaza shopping center in Chula Vista, California. (SENTRE)
CoStar News
December 12, 2019 | 7:22 P.M.

The $30.65 million sale of a Chula Vista, California, shopping center shows the value of older retail properties in the San Diego area, where retail construction remains scarce thanks to limited available land and other barriers to entry.

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