Dallas partnership buys HEB-anchored selling core on East Side

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A selling core with a centre supermarket on a East Side has been purchased by a partnership connected to Component Capital Group of Dallas.

CCG Lone Oak Partners bought a Lone Oak selling center, during a channel of South WW White Road and Martin Luther King Dr., final week from FL Lone Oak LLC, a association dependent with Los Angeles genuine estate organisation RPD Catalyst, skill annals show.


The squeeze cost was undisclosed, though CCG Lone Oak took out a $7.1 million loan to buy a selling center, according to internal skill records. The Bexar Appraisal District assessed it during $8 million final year.

In further to a H-E-B, Lone Oak includes a Citi Trends wardrobe store and a Hibbett Sports sporting products store. The 9.6-acre selling core has about 106,000 block feet of space and is 85 percent leased, according to the website of Reata Real Estate.

Kevin Catalani, Reata’s clamp boss of investment sales, and Component Capital Group partner Caleb Fernandes didn’t immediately respond to requests for criticism on Monday morning.

The squeeze comes a week after Blackstone, a tellurian private equity firm, bought a H-E-B-anchored Shops during Lincoln Heights sell core nearby Alamo Quarry Market.

For some-more on this story, revisit ExpressNews.com or review a Tuesday book of a San Antonio Express-News.

RWebner@express-news.net

@rwebner

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