A San Diego-based trust has bought the Stadium Retail Center for $41.15 million. The sale by Kitchell Development Company headquartered in Phoenix was brokered by Lucescu Realty. The buyer is Excel Trust, a publicly-traded real estate investment trust.Stadium Retail Center is a 421,126-square-foot community shopping center, anchored by Costco, Kohl’s, Ross Dress for Less, OfficeMax, Old Navy and Jo-Ann Fabrics.
Stadium Retail Center sells for $41.15 million