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Thursday, July 12, 2018

BizJournals.com: Pair of Cub Foods-anchored north metro shopping centers sell for $42M

 

The Minneapolis/St. Paul Business Journal's Nick Halter reports:

"A Florida buyer has paid $41.7 million for Cub Foods-anchored shopping centers in Coon Rapids and Arden Hills.

Sterling Organization, a private equity firm that invests in real estate, bought the shopping centers from IRC Retail Centers of Oak Brook Ill. Sterling now owns five Cub Foods-anchored centers in the Twin Cities."

Click here to read the story online at BizJournals.com.