The Deal of the Week was the sale of Campus Marketplace, the 144,287-square-foot neighborhood shopping center at 300-344 S. Twin Oaks Valley Road in San Marcos for $56.35 million.
The buyers were Campus CMH LLC (66.94 percent), Campus 36 CMH LLC (19.35 percent) and Campus BRB LLC (13.71 percent), c/o R.D. Advisors LLC, of Scottsdale. Ryan Denk is the principal of R.D. Advisors.
The acquisition was financed with a loan of $41 million from Goldman Sachs Mortgage Company.
The seller was IA San Marcos Campus LLC. The sole member of the seller is IA Mac Corporation.
The center is adjacent to California State University, San Marcos and is anchored by Ralphs and CVS (NYSE: CVS).