Lodi, Calif. — Visintainer Group has brokered the sale of Vintner’s Square, a 183,195-square-foot shopping center located in Lodi, just south of Sacramento and east of San Francisco. The retail center was sold in a two-part transaction for $23.3 million.
The front portion of the property — which comprises two parcels occupied by Panera Bread and F&M Bank — sold for $8.3 million. The remaining portion of the center — excluding a site occupied by In-N-Out — traded for roughly $15 million.
Situated at the northwest corner of Lower Sacramento Road and Kettleman Lane, Vintner’s Square is part of a larger retail corridor anchored by Lowe’s, which was not included in the sale. The sold portions of Vintner’s Square total approximately 49,356 square feet and were 97 percent occupied at the time of sale. Tenants at the center include Chili’s, AAA Insurance, The UPS Store, Round Table Pizza and H&R Block…