SAN ANTONIO – A shopping center on the East Side has been purchased by Dallas-based CCG Lone Oak Partners.
The Lone Oak shopping center, on 9.6 acres at the crossing of S. WW White Rd. and Martin Luther King Dr., has about 106,000 sf and is 85 percent leased. Anchored by an HEB grocery store, the retail center includes a Citi Trends and a Hibbett Sports.
FL Lone Oak LLC, a company affiliated with Los Angeles-based RPD Catalyst, was the seller.
The new owner took out a $7.1 million loan to buy the property.
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