180,000-SF Shops at Abilene sells for $26 million180,000-SF Shops at Abilene sells for $26 millionhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=17032015-02-19T06:47:00Z2015-02-18T06:45:00Z

ABILENE - The Shops at Abilene, a 179,122-sf power center located at 3517 Catclaw Dr. has been sold for $26.3 million or $147 per sf.

Cronacher Corp. sold the asset to American Realty Capital Partners.

National and regional retailers anchor 97 percent of Shops at Abilene’s gross leasable area.

Major tenants include Bed Bath & Beyond, Michael’s, Old Navy, PetSmart, Ross, Shoe Carnival and TJ Maxx.

See 4Q 2014 Cushman & Wakefield Texas Retail Report for more transactions.

Texas Real Estate Business
http://rebusinessonline.com/cushman-wakefield-arranges-sale-of-179122-sf-retail-center/Read more at {Source}

 Search NewsTalk Texas