CBRE’s Kirk Brummer, Sean Heitzler and NRP-West Team complete sale of two adjacent retail centers in Temecula

Bel Villaggio I-II and III in Temecula, which includes Macaroni Grill, were sold in a transaction completed by CBRE. Valley News/Courtesy photo
TEMECULA – CBRE’s Kirk Brummer announced the National Retail Partners-West has completed the sale of Bel Villaggio I-II and Bel Villaggio III in Temecula, which are adjacent retail centers, leased to a complementary mix of internet resistant tenants consisting of restaurants, retail and “daily needs” goods and services. The combined sale price was $26,100,000.CBRE retail experts Kirk Brummer, Sean Heitzler and team leader Philip D. Voorhees represented the seller, a San Diego-based private real estate investment firm, Pathfinder Partners. The buyer was Poincare Group, LLC.“The property’s ideal location at the entrance to the 1.4 million-square-foot Promenade Temecula, as well as recent leasing momentum and u
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