Aging Escondido Retail Site with 12 Suites Sells for $1.65 Million ...Middle East

Times of San Diego - News
Aging Escondido Retail Site with 12 Suites Sells for $1.65 Million
Escondido Commons on Orange Street and 2nd Avenue. Photo credit: Courtesy, Marcus & Millichap Escondido Commons, a 8,388-square-foot retail property in Escondido, has been sold for $1.65 million, a brokerage announced. “The seller was retiring from property management, and the seller’s family trust is taking advantage of growth in market by selling their entire portfolio of properties on the same block,” said Nick Totah, senior vice president investments for the Totah Group of Marcus & Millichap’s San Diego Del Mar office. After one week of being on the market, the seller, Garry Hanafin with the Hanafin Family Trust, received one full price offer. Totah represented Hanafin. The

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