REOC San Antonio
Commercial Real Estate Since 1974   
Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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San Pedro Crossing purchased by American Realty Capital

 

San Pedro Crossing

American Realty Capital-Retail Centers of America, Inc. (ARC RCA) recently announced its purchase of San Pedro Crossing (201,965 sf) for approximately $32.6 million or $158 per sf.  Located at the intersection of San Pedro Avenue and Loop 410, the power center was reportedly 97% at time of sale to ten tenants including Toys/Babies “R” Us, Barnes & Noble and The Container Store which combine to represent 62% of the annualized rental income of the property.

Click to read American Realty Capital – Retail Centers of America, Inc. Acquires San Pedro Crossing Shopping Center (PRNewswire, 12-28-12).

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