Newmark Arranges Million Sale of Poinsettia Plaza in Ventura, California

Share0 Newmark announces it has completed the sale of Poinsettia Plaza, a 157,322-square-foot shopping center in Ventura, California. The asset tra...

February 5, 2023
2:56 AM

Share0 Newmark announces it has completed the sale of Poinsettia Plaza, a 157,322-square-foot shopping center in Ventura, California. The asset traded for $66 million. Newmark Vice Chairman Pete Bethea and Senior Managing Directors Rob Ippolito and Glenn Rudy represented the seller, IRA Capital. 'The sale of Poinsettia Plaza represents another impeccable execution by IRA Capital,' saidIppolito. 'The IRA team understands transactions like no other and was able to navigate a difficult market with flying colors.

REW