Brixton Capital Buys San Francisco Shopping Center, Washington Square, for $68M from Paragon Commercial

2/28/2025

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CPE

• Subcategory: Retail: Shopping

• Tag: Sale

• Additional Filters-Subcategory: Retail: Community Center, Retail: Grocery Anchored

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: Jones Lang LaSalle (NYSE: JLL), Brixton Capital

Brixton Capital has purchased Washington Square, a 215,506-square-foot shopping center in Petaluma, Calif., for $67.5 million. Paragon Commercial Group sold the asset in a transaction arranged by JLL.

Paragon had acquired the retail center from Fulcrum back in 2021 for $56.2 million, according to CommercialEdge data, with the help of a $34.2 million loan provided by Zions Bank.