May
08
InvestCore Commercial Closes Sale of Garland Retail Building
ByIn a $3.2 million deal facilitated by InvestCore Commercial, Next Play Firewheel sold the property at 200 Town Center Blvd. to an out-of-state investor.
Michael Campbell and Ed Colson, co-founders & principals of San Diego-based InvestCore Commercial, represented Next Play Firewheel in the transaction. The deal closed at a 4.25 percent cap rate.
Located at 200 Town Center Blvd., the building is triple-net leased to Panera Bread. The popular fast-casual bakery-café holds a 15-year ground lease, with three, five-year options to extend at the property. Rent schedules include increases of up to 7.32 percent…
InvestCore Commercial Closes Sale of Garland Retail Building
Copyright © 1999 - 2025 Tony Seruga | All Rights Reserved
Affiliates |
Privacy |
Refunds |
Legal & Policies