AUSTIN--HFF has closed the sale of Crown Meadows Shopping Center, a 52,732-square-foot retail center anchored by a medical group in San Antonio.

HFF arranged the sale of the property on behalf of the seller, Culebra-Crown Meadows Ltd., an affiliate of Carmichael Development Co. CJ Park and Associates purchased the asset for an undisclosed amount.

Crown Meadows Shopping Center is 92.1 percent leased to medical office, retail and restaurant tenants including anchor-tenant Gonzaba Medical Group, Baptist Health System, W Dental Group, Fast Eddie's Billiards, Supercuts and Umberto's Italian Grill. The two-building center includes 240 parking spaces on its 4.55 acres.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.