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| Doug Hazelbaker |
DALLAS, TX – Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Plaza Paseo del Norte, a 183,718-square-foot
shopping center in Albuquerque, New Mexico.
HFF arranged the sale of
the property on behalf of the seller, Kimco Realty Corp. Columbus Pacific Properties purchased the
asset.
The 96.8-percent-leased
Plaza Paseo del Norte is home to Ross Dress for Less, Natural Grocers, Cinemark
Movies West, Sears Outlet, Hancock Fabrics, Rue 21 and Dollar Tree in addition
to Target and Hobby Lobby, which were not included in the sale.
Situated on 26 acres at
9227-9331 Coors Boulevard NW, the center is located in the northern part of
Albuquerque at the intersection of Corrs Boulevard NW and Paseo del Norte,
which has combined traffic counts of more than 120,000 vehicles per day.
The HFF investment sales
team representing the seller was led by senior managing director Doug Hazelbaker and managing director Ryan Shore.
For a complete copy of the company’s news
release, please contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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