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| Albertsons-occupied buildings, Henderson, NV and Baker City, OR |
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| Nick Foster |
NEWPORT BEACH, CA –
September 19, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced it has
closed the sale of three single-tenant retail buildings fully occupied by
Albertsons and totaling 161,493 square feet in Henderson, Nevada, and Baker City,
Oregon.
HFF marketed the
properties on behalf of the sellers, HH Property North, LLC and HH Property
South, LLC. ValueRock Realty Partners
out of Irvine, California, purchased the assets at an undisclosed price
All three properties are
leased to Albertsons on a long-term triple net lease basis. The Nevada assets comprise a
58,254-square-foot building located at 190 North Boulder Highway and a
55,000-square-foot building located at 2910 Bicentennial Parkway.
Both centers are part of
larger shopping centers in Henderson, a community southeast of Las Vegas. The Baker City Albertsons building is 48,239
square feet and located at 1120 Campbell Street.
For the Nevada
acquisitions, the HFF investment sales team representing the seller was led by
Nick Foster in conjunction with local Nevada broker David Zacharia of DZ Net Lease Realty, LLC.
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| Mark West |
For the Baker City
acquisition, the HFF investment sales team representing the seller was led by Nick Foster, Mark West and Nick Kassab.
“We continue to see a strong appetite for big
box retail leased to national-brand grocers,” Foster said. “Since 2015, our team has sold more than 50
single-tenant grocery stores across the western U.S. We have been fortunate to find quality buyers
who understand the lasting appeal of these daily needs operators.”
For a complete copy of the company’s news release,
please contact:
Kristen Murphy
Director, Marketing
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
tel 617.848.1572 | fax 617.338.2150
| www.hfflp.com
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