Lamar Companies in a venture with Real Capital Solutions acquired the 204,185-square-foot asset.
Brad Peterson, Whitaker Leonhardt and Tommy Isola of JLL represented the seller, DLC Management Corp., in the transaction.
The center, which was delivered in 2008, was 82 percent leased at the time of sale.
The retail center was 95.8 percent leased at the time of sale. CLICK ON THE HEADLINE FOR MORE
The 185,704-square-foot power center was 98.2-percent-leased at the time of the sale. CLICK ON THE HEADLINE FOR MORE
The transaction was one of the area’s largest retail investment sales based on price per square foot. CLICK ON THE HEADLINE FOR MORE
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