SUNSET VALLEY, TX-Cole Real Estate Investments has acquired Sunset Valley Homestead, a 147,841-square-foot power center, for an undisclosed price.
Market experts say the two-year-old property is worth $40 million, and Travis County has assessed it at $26.3 million.
“We are excited about this acquisition because it is in an excellent trade area with high barriers to entry,” says Kim Kundrak, Cole’s senior vice president and chief acquisitions officer.
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