Investors Realty has sold the 72nd Crossing Shopping Center in Omaha, Nebraska, for $12.75 million.
NewStreet Properties was the seller. LVP Center, LLC, a Kentucky LLC, was the buyer. The property was 100 percent occupied at the time of sale and had a 10-year occupancy rate of 98 percent.
Located in the 72nd Street Corridor, the shopping center contains 98,837 square feet. Tenants include Michaels, PetSmart, BigLots, Dunkin Donuts and others. Ember Grummons, CCIM of Investors Realty, represented the seller. Jason Taylor of Equity Management Group represented the buyer.