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Partners Sell University Square Retail Center for $41M

Lakha Investments Buys 182,000 SF in San Diego
By Jeff Hitch
December 5, 2005 | 2:08 P.M.

Lakha Investments purchased the 181,999-square-foot University Square at 5801-5985 University Ave. in San Diego. NewMark Merrill Cos., in conjunction with Shane University LLC, Maltzman University LLC and Hollywood Firestone LLC, sold the shopping center for $41.3 million, or about $227 per square foot.

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