Oceanside CA— Colliers International San Diego Region announces the sale of Mission 101, an 18,500-square foot retail and office mixed-use property in Downtown Oceanside, for $5,390,000.
Bill Shrader and Luke Holler of Colliers International’s Urban Property Team represented the seller. The buyer was represented by Mike Barreiro of DAUM Commercial in Orange County.
Adjacent to hotels, residential, restaurants, and the beach, Mission 101 is located in the heart of Downtown Oceanside at 501 Mission Ave and 126 N Coast Hwy, Oceanside, CA (92054).
“Mission 101 is located on one of the best retail corners in Downtown Oceanside,” said Bill Shrader, Senior Vice President at Colliers International San Diego Region. “With a thriving hospitality industry and continued retail and residential growth along Coast Highway in Oceanside, Mission 101 is positioned to be a strong, long-term investment for the new ownership.”
About Colliers International Group
Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 12,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $20 billion of assets under management from the world’s most respected institutional real estate investors.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row.
Colliers is led by an experienced leadership team with a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years.