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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 Oceanside Marketplace shopping center located at 4253-4263 Oceanside Blvd in Oceanside, CA has sold for $11,650,000. Major tenants at the center include IHOP, Ding Tea, Sports Clips, and Self-Made Training Facility. The buyer, an undisclosed investor was represented by San Diego Commercial Real Estate Broker Erik Egelko, senior vice president with SVN Vanguard.
The sale of the Oceanside Marketplace shopping center calls attention to the resilience of the commercial real estate market despite the challenges posed by the COVID-19 pandemic. Commercial real estate has proven to be a safe haven for many retail investors, offering stable returns even in times of economic uncertainty.
Overall, the sale of the Oceanside Marketplace shopping center is a positive development for the real estate industry in Oceanside. It’s a testament to the strength of the local market and the attractiveness of commercial real estate in the area. The sale is also a reminder of the importance of working with an experienced and reputable Commercial Real Estate Broker who can help investors navigate the complex world of commercial real estate and identify the best investment opportunities.
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.
