Colliers recently negotiated the sale of Iowa City Marketplace, a 237,594-square-foot retail center in Iowa City, Iowa.
El Warner, Charley Simpson and Jeffrey Wyatt from Colliers represented the seller, Core Pacific Advisors.
Located along State Route 6 (Hiawatha Pioneer Trail) between Sycamore Street and Lower Muscatine Road, the property is less than three miles from the University of Iowa and sits within a qualified national opportunity zone.
The Property is 66.2% leased to a lineup of 24 tenants made up of several nationally recognized establishments such as Dollar Tree, Planet Fitness, Jo-Ann Stores, Marcus Theatres, Sally Beauty, Great Clips, McDonald’s and Panera Bread.
