San Pedro Crossing sold in $32 million buySan Pedro Crossing sold in $32 million buyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=85882013-01-11T14:46:00Z2013-01-11T14:00:00Z

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.

San Antonio-New Braunfels
http://www.prnewswire.com/news-releases/american-realty-capital----retail-centers-of-america-inc-acquires-san-pedro-crossing-shopping-center-185089981.htmlRead more at {Source}

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