Property Commerce Dividend Fund, LP acquired Terrell Plaza, a 107,884 Square Foot Retail Center in San Antonio from SITE Centers Corp. for $25.1 million.
August 30, 2023
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Property Commerce Dividend Fund, LP acquired Terrell Plaza, a 107,884 Square Foot Retail Center in San Antonio from SITE Centers Corp. (NYSE:SITC) on August 24, 2023. The JLL Retail Capital Markets team was led by Ryan West, Chris Gerard, John Indelli, Whitney Snell, Ryan Olive and Clay Anderson.
Property Commerce Dividend Fund, LP completed the acquisition of Terrell Plaza, a 107,884 Square Foot Retail Center in San Antonio from SITE Centers Corp. (NYSE:SITC) for $25.1 million on August 24, 2023.
SITE Centers Corp. is a self-administered and self-managed Real Estate Investment Trust (REIT). The Company is engaged in the business of owning, leasing, acquiring, redeveloping, developing and managing shopping centers. The Company owns approximately 114 shopping centers, including 13 shopping centers owned through joint ventures aggregating 22.6 million square feet of gross leasable area (GLA) through all its properties (wholly owned and joint venture). These centers are principally located in the Southeast, including Florida, Georgia, Illinois and Colorado. Its properties include discounters, specialty grocers, pet supply stores, fitness centers, quick-service restaurants and beauty supply retailers as additional anchors or tenants. Its properties include 3030 North Broadway, Deer Park Town Center, Woodfield Village Green, Foxtail Center, Shops at Framingham, The Promenade at Brentwood, East Hanover Plaza, Edgewater Towne Center, Hamilton Marketplace and Nassau Park Pavilion.
Property Commerce Dividend Fund, LP acquired Terrell Plaza, a 107,884 Square Foot Retail Center in San Antonio from SITE Centers Corp. for $25.1 million.
SITE CENTERS CORP. 
