Capital Square Acquires Retail Center in Sunny California
January 13, 2015
DST Sponsor, Capital Square Realty Advisors, LLC (Capital Square), recently announced the acquisition of a seven-building retail center in La Quinta, California.
Komar Desert Center (Komar), a 77,000 square-foot neighborhood retail center, includes major tenants such as Starbucks, BevMo!, Souplantation, and Burgers and Beer among others.
“Komar Desert Center is one of the newest developments along the Highway 111 corridor, located in the midst of Southern California’s affluent Coachella Valley area,” said Louis Rogers, founder and chief executive officer of Capital Square Realty Advisors. “This enviable location affords Komar Desert Center daily frontage traffic of nearly 60,000 motorists and easy access for the entirety of the regional populace.”
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