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 with the company.