The Beacon La Costa
Photo courtesy of JLL

The Beacon La Costa Photo courtesy of JLL

A Carlsbad shopping center has been sold for $57.6 million.

The Beacon La Costa, 7710-7770 El Camino Real, was acquired by Asana Partners based in North Carolina.

The seller was a joint venture of Centennial Real Estate, Angelo Gordon and Company and Linwood Ventures.

The 123,000 square-foot center is anchored by Equinox fitness center.

Geoff Tranchina and Jose Carrazana of JLL represented Asana Partners in the transaction.

“This was an opportunity for Asana Partners to acquire a unique neighborhood center in an affluent trade area with pent-up demand for specialty retailers and unique-to-market restaurant operators, Tranchina said. “There continues to be investor interest in high quality retail centers located in top tier, demographically-drive markets.”

According to JLL, the median family income of households within a three-mile radius of The Beacon La Costa is $163,000.

Real estate reporter Ray Huard may be reached at rhuard@sdbj.com or 858-277-8904.