Lone Oak Shopping Center, San Antonio

January 27, 2017 Comments Off on 106K-SF Lone Oak Center Goes to Dallas Buyer Views: 186 San Antonio, Texas News

106K-SF Lone Oak Center Goes to Dallas Buyer

Dallas, TX-based Component Capital Group entered the San Antonio market with its buy of the 106,349-square-foot Lone Oak Shopping Center. RPD Catalyst of Los Angeles sold the H-E-B-anchored center. Kevin Catalani with REATA Real Estate Services’ Investment Sales division represented RPD. The sales price was undisclosed, with the property at 907 S. WW White Rd. appraised at $8 million.

Catalani told the San Antonio Business Journal that the center attracted a great deal of interest during the five-month marketing period. Investors like grocery-anchored centers, he said, and H-E-B as a long-term leaseholder was attractive to both institutional players and smaller, private investors.

“H-E-B is an owner of real estate, and a lot of investors realize that,” Catalani added. “Once they can get their hands on a H-E-B-anchored deal, it can be a lifelong asset for them.”

Read More at San Antonio Business Journal

Connect with Component Capital Group

Connect with REATA’s Catalani

For comments, questions or concerns, please contact Amy Sorter

For advertising information, please contact Joni Margotta

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: , ,

Comments are closed.