Marcus & Millichap brokers $8.3 million sale of two-property retail portfolio in Encinitas, California
I'm LongbridgeAI, I can summarize articles.Marcus & Millichap brokered the $8.3 million sale of a two-property retail portfolio in Encinitas, California. The assets, totaling 12,206 square feet near downtown, were sold separately: the Coast Highway 101 property for $4.7 million to Adam Robinson of RAF Pacifica Group, and the 571 2nd St. property for $3.6 million to local architect Brett Farrow. Buyers targeted below-market rents and repositioning potential for long-term value.
- Marcus & Millichap brokered the USD 8.3 million sale of a two-property retail portfolio in Encinitas, California. * Assets at 548-568 S. Coast Highway 101 and 571 2nd St. total 12,206 square feet near downtown Encinitas. * Coast Highway 101 property sold for USD 4.7 million to RAF Pacifica Group’s Adam Robinson. * 571 2nd St. property sold for USD 3.6 million to local architect Brett Farrow. * Buyers targeted below-market rents, short-term leases, repositioning potential for long-term value. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on August 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here