Kroger-anchored centers change hands in Kentucky
Atlanta-based Branch Properties has acquired two Kroger-anchored shopping centers in Lexington, Kentucky, for $59.7 million.
The larger of the two — Tates Creek Centre at 196,028 sq. ft. — houses Proof Fitness, Rite Aid, MOD Pizza, and PNC Bank. The 124,498-sq.-ft. Millpond Center, includes Workout Anytime, Subway, and Pizza Hut. Both centers are situated on Man O’War Boulevard in Lexington.
Mid-America Real Estate brokered the transaction on behalf of the seller, Houston-based Weingarten Realty.
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The larger of the two — Tates Creek Centre at 196,028 sq. ft. — houses Proof Fitness, Rite Aid, MOD Pizza, and PNC Bank. The 124,498-sq.-ft. Millpond Center, includes Workout Anytime, Subway, and Pizza Hut. Both centers are situated on Man O’War Boulevard in Lexington.
Mid-America Real Estate brokered the transaction on behalf of the seller, Houston-based Weingarten Realty.
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