PRESS RELEASE | 861 Showroom Place
Date: November
21, 2016
C3 Church in
San Diego has Purchased the approximately 40,304 SF Commercial building at 861
Showroom Place in Chula Vista for $5,100,000.
The Seller
of the property was EF/RH Real Estate Ventures, III represented by ShirleyKanamu & Vince Provenzano from Pacific Coast Commercial.
The Buyer
was represented by Frank Ohrmund from Otay Real Estate & Tracy Clark from
Voit Real Estate.
Escrow was
provided by Granite Escrow and Title was provided by Fidelity National Title.
The property was previously home to Bassett Home Furnishings, and is part of the center formerly known as the Eastlake design district. Developed in 2006 the center was originally home to several home furnishing and design retailers. At the downturn of the market the design district theme gave way to family entertainment uses prompting the renaming of the center to the District at Eastlake. The sale of the Bassett Home Furnishing location in the center follows the departure of Ashley Furniture and marks the exit of the last of the original design center retailers.
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