CAPSTONE ADVISORS COMPLETES $11.8 MILLION RETAIL ACQUISITION FOR CARLSBAD PROPERTY

Capitalizing on its continued strength in adding value to well-located retail properties, Carlsbad-based Capstone Advisors has acquired a property in its own backyard with the purchase of The Island @ Carlsbad. The 39,992 square-foot retail center, purchased from Berdan Holdings, LLC for $11.8 million, plays to some of Capstone’s biggest strengths and provides an opportunity…