Brixton Capital, a privately held real estate investment firm, has acquired The Market Mountain House, built in 2022 for the growing master planned community of Mountain House, California. Marking its fourth retail property purchase of 2025, Brixton purchased the 86,872-square-foot neighborhood shopping center from its developer, Shea Properties, for $32 million.
“We are excited to add The Market Mountain House to Brixton Capital’s portfolio and to continue expanding our footprint in Northern California,” said Brixton Capital’s President and Chief Investment Officer Rob Taylor. “Mountain House is one of the fastest-growing master-planned communities in the state, supported by strong household incomes, rapid population growth and limited existing retail.”
The Market Mountain House, located at SWC Byron Road and Mountain House Parkway, is comprised of five buildings and sits three miles north of Prologis’ International Park of Commerce in the East Bay city of Tracy. At full build-out, the International Park of Commerce is expected to support over 25,000 jobs.
“This acquisition is a great fit with our strategy of investing in well-located shopping centers in dynamic markets, and we look forward to supporting the community’s growth alongside our tenants,” said Brixton Capital’s Founder and Chairman Marc Brutten.
Brixton Capital acquired two other Northern California shopping centers this year: The 215,506-square-foot, Safeway-anchored Washington Square in Petaluma and the Elk Grove Village shopping center in Elk Grove. Brixton also acquired the 60,000-square-foot Civic Center Plaza retail center in the Southern California city of San Marcos.
Major retailers at The Market Mountain House include Safeway and its affiliated fuel station, Starbucks, The UPS Store, Great Clips and Haagen-Dazs. The shopping center is fully leased.
Newmark’s Rob Ippolito, Pete Bethea, Glenn Rudy, Nicholas Bicardo, Warren McClean represented Aliso Viejo-based Shea Homes in the transaction, while Brixton represented itself.
About Brixton Capital
Brixton Capital is a preeminent private real estate investment firm focused on generating outstanding, risk-adjusted returns by unlocking embedded value in multifamily and retail properties. Headquartered in San Diego County’s Solana Beach, California, Brixton’s leaderships team brings over 25 years of commercial real estate expertise. The firm currently owns and operates a diverse portfolio of approximately $2.0 billion across the western United States. For more information, visit www.brixtoncapital.com.
