Oceanside Marketplace Shopping Center Sells for $11,650,000!
September 28, 2022Value Add Strategies for Retail Properties
March 16, 2023Disclaimer: I am not an attorney and this article is not intended as a substitute for advice from the appropriate legal, zoning, financial, construction and/or tax professionals. This information is provided for educational purposes only and is made without warranties or representations
San Diego, CA October 2022 – Despite cautionary headlines about turbulent conditions in the commercial real estate market, a select few brokers are closing huge transactions. Erik Egelko, a 31-year-old commercial real estate broker based out of San Diego, CA is part of this selected group. In September he closed an average of $1 million in transactions per day. In the 3rd quarter of 2022, he closed over $40 million, bringing his year total to over $60 million in closed deals.
Notable transactions include the $17,250,000 sale of the Margarita Crossings Shopping Center, a trophy asset in Temecula, the $16,750,000 sale of the Murrieta Town Center, a regional shopping mall anchored by Dunkin Donuts and Carl’s Jr and the $11,650,000 sale of the Oceanside Marketplace in Oceanside, CA.
Egelko is Senior Vice President with SVN Vanguard’s San Diego office and attributes this success to the consistency and perseverance over his 7-year tenure as a commercial real estate broker with the company.
About Erik Egelko
Erik Egelko is a commercial real estate broker and Senior Vice President at SVN Vanguard, a national commercial real estate brokerage firm with offices in San Diego, Orange County and Los Angeles as well as over 220 offices throughout the United States. With roughly 10 years of experience in the industry, Egelko has built a reputation for himself as a dedicated and knowledgeable professional who strives to exceed his clients’ expectations.
In 2021 Erik was inducted into the “Partner’s Circle,” the highest level of achievement for SVN. Erik is currently ranked in the top 1% of investment sale brokers nationwide.
Egelko’s approach to real estate is based on building long-term relationships with his clients, providing personalized service and attention to detail. He is committed to understanding his client’s needs and objectives and works tirelessly to ensure that they achieve their goals. If you own a commercial property and would consider listing it with a broker, give Erik a call at 805-415-1914.