Retail investment is heating up in the Oxnard market, where investors are finding stabilized grocery-anchored retail opportunities. The recent sale of the Oxnard Vineyard’s shopping center traded at a 5.4% cap rate, the lowest for a grocery-anchored retail center in Ventura County this year. Grocery-anchored centers have been popular as Internet-resistant retail investments, but brokers who worked on the deal, CBRE’s Orbell Ovaness, Brad Baskin and Artin Sepanian, say that the Oxnard market’s strong fundamentals and occupancy has made it an attractive market for investors. To find out more about the market and this record-breaking deal, we sat down with the brokers for an exclusive interview.

GlobeSt.com: Does this deal reveal increasing investor interest for retail deals in Oxnard?

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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