RAF Pacifica Group (RPG), a commercial real estate investment firm focused on acquiring and developing retail, industrial, mixed-use, and office properties across San Diego, has acquired a fully leased, five-tenant retail building at 548-568 South Coast Hwy. 101 in downtown Encinitas. The acquisition price was not disclosed.
“Properties like this rarely make it to market, and when they do, they move fast,” says Adam Robinson, founder and president of RPG. “This one came to us because a tenant in the building heard the owner was considering a sale and reached out directly. They wanted us as their landlord.”
The 4,939 square-foot building sits directly on Highway 101 in the 101 Shopping District, a walkable retail corridor a short distance from Moonlight State Beach. With a tenant base including three retail shops and two restaurants, the property had remained in the hands of the same family for more than six decades.
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