CenterCal Properties, LLC has expanded its Western U.S. retail footprint with the acquisition of Mira Mesa Market in San Diego. The open-air retail property totals 249,225 square feet and is located at 10463-10789 Westview Parkway. The buyer did not disclose the purchase price, but the transaction marks another addition to CenterCal’s growing collection of shopping centers across the western United States.
Mira Mesa Market is positioned at the southeast corner of Mira Mesa Boulevard and Westview Parkway, just off Interstate 15. The property sits at one of the area’s busiest intersections, where it benefits from high visibility and strong daily traffic patterns. Its location near a major freeway and a heavily traveled crossroads reinforces the center’s role as a convenient retail destination for the surrounding community.
According to CenterCal, the company intends to leverage the property’s existing strengths through a program of reinvestment and strategic leasing. The firm plans to build on what it describes as a strong foundation, signaling expectations that capital improvements and curated tenant mix adjustments can enhance the center’s long-term performance. Specific reinvestment plans, project timing and leasing initiatives were not detailed.
Jean Paul Wardy, CEO of CenterCal Properties, characterized Mira Mesa Market as combining strong retail fundamentals with clear long-term potential. He described the asset as well positioned within an established community and noted that the company aims to transform the property into a destination that aligns with how local residents live and shop today. His comments underscore CenterCal’s focus on adapting existing centers to evolving consumer preferences while maintaining a neighborhood-oriented retail environment.
The acquisition of Mira Mesa Market continues CenterCal’s strategy of investing in retail properties across the western United States. While transaction terms remain confidential, the purchase adds another sizable asset to the company’s portfolio and reinforces its presence in a high-traffic San Diego trade area. Further details on future leasing activity, tenant changes and capital upgrades at the property have not yet been released.
