First Washington Realty has acquired Fairmont Shopping Center located in Pacifica, Calif., a suburb of San Francisco.
Safeway at Fairmont Shopping Center in Pacifica, California.
Fairmont Shopping Center contains 102,982 square feet of prime community-serving retail space and features two high-performing anchor tenants, Safeway and Rite Aid. The submarket benefits from exceedingly high barriers to entry, a growing population base and low retail per capita in the immediate trade area.