Investors Realty has sold the Metro Crossing Shopping Center in Council Bluffs, Iowa.
A partnership between Walton Street Capital and Pine Tree Commercial was the seller. Bridge 33 Capital was the buyer. The property was 96 percent occupied at the time of sale.
Located along I-29 and Highway 275, the shopping center contains 309,811 square feet and 57 tenants. It is anchored by Dick’s Sporting Goods, PetSmart, Kohl’s, Hobby Lobby, Old Navy, TJ Maxx and other national tenants.
Ember Grummons of Investors Realty advised the buyer. CBRE Capital Markets, represented the seller.
