Loja Real Estate Announces $24.5 Million Sale of Oxnard Vineyards

WALNUT CREEK, Calif., Sept. 12, 2017 – Walnut Creek, California-based Loja Real Estate announced today the sale of Oxnard Vineyards, a grocery anchored shopping center in Oxnard, California. The buyer was an undisclosed private investor. CBRE’s Orbell Ovaness, Brad Baskin, and Artin Sepanian represented Loja Real Estate.

Oxnard Vineyards is a 102,139 square-foot daily-needs center anchored by Vallarta Supermarkets and Fallas Discount Stores. Loja acquired the center in 2014.

“We are happy to complete this transaction,” said Scott Kyman, Senior Vice President of Loja Real Estate. “The sale is in keeping with our overall portfolio management strategy.”

Loja plans to continue its retail property acquisition program in markets across the country along with looking at creative deal structures that will enhance investor returns.

AboutT Loja Real Estate, LLC
Loja Real Estate, LLC is a private equity real estate investment firm with $350 million in assets under management. Loja acquires and manages commercial real estate assets throughout the United States. Additional information about Loja may be found at www.lojagroup.com

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