Disclaimer: 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
The Parkway Shopping Center at 7200 Parkway Drive in La Mesa, CA has sold for $6,800,000. The 24,404 SF property located along the I-8 Freeway was sold by the Galanoudes Family Trust to an undisclosed buyer.
Erik Egelko of SVN Vanguard’s San Diego office represented the seller. The property was fully leased at the time of the sale.
Egelko commented, “We received a tremendous amount of activity on this listing due to the irreplaceable location and major lack of quality inventory in the $5-10 million category”