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156,341-SF Grocery-Anchored Center in Idaho Sells for $15M

IDAHO FALLS, ID-Boise-based regional developer Cantlon Properties sells Ammon Town Center to a private investment partnership. Cantlon is selling three other grocery-anchored centers in the Salt Lake City area.

By Brian K. Miller | Updated on April 20, 2003

IDAHO FALLS, ID-A 156,341-sf grocery-anchored retail center in Idaho Falls has changed hands for $15 million.

The property, Ammon Town Center, is located at the southeast corner of 17th Street and Hitt Road, across from Grand Teton Mall, the major mall of Eastern Idaho. Its grocery anchor is Albertson’s; other anchors include Target and Big 5 Sports. The property was 100% occupied at the time of sale.

The seller was Cantlon Properties, a Boise-based regional developer. The buyer was a private investment partnership. Cantlon was represented in the transaction by Barney McAuley, Peyton Millinor and Brandon Beeson of Dallas, TX-based Woodmont Associates.

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