Jan 11, 2013
San Pedro Crossing sold in $32 million buy
SAN ANTONIO - The San Pedro Crossing Shopping Center has been sold for about $32.6 million or $158 per sf. The property contains 201,965 rentable sf and is 97 percent leased...
SAN ANTONIO – The San Pedro Crossing Shopping Center has been sold for about $32.6 million or $158 per sf.
The property contains 201,965 rentable sf and is 97 percent leased to ten tenants. Three tenants — Toys/Babies "R" Us, Barnes & Noble and The Container Store — represent 62 percent of the annualized rental income of the property.
American Realty Capital-Retail Centers of America Inc. (ARC RCA) was the buyer.
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