San Diego San Diego

Gershman Properties has acquired the San Elijo Hills Town Center in San Diego from Ambient Communities for $16 million. The retail property is a 23,076-square-foot lifestyle center.

Located at 1620, 1628, 1640 and 1646 San Elijo Road in the city of San Marcos in San Diego's North County. The center, built in 2019, features notable tenants Starbucks, Cyclebar, Everbowl, Sourdough Bread Company, Tapa Tapa Spanish Restaurant, SETS Kitchen & Bar, and Lourdes Mexican Food.

NKF senior managing directors Rob Ippolito and John Jennings and managing director Glenn Rudy represented the seller in the sale.

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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.