Business & Tech
Riverview Shopping Center Sold
The Bloomingdale Hills shopping center has been purchased by TNP Strategic Retail Trust of Irvine, Calif.
News Report
TNP Strategic Retail Trust Inc. announced today in a press release that it has acquired Bloomingdale Hills, a nearly 13-acre retail center located at Providence Road and Bloomingdale Avenue in Riverview.
The Irvine, Calif.-based company invests in grocery and drug store-anchored multitenant retail properties.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
Bloomingdale Hills was constructed in 2002. The property comprises approximately 78,500 square feet of rentable space, as well as a fully improved, undeveloped land parcel.
The center is anchored by and is 100 percent leased to multiple tenants, including .
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
"The anchor tenant, Wal-Mart, is signed to a 15-year lease and holds a Standard & Poor's 'AA' credit rating as one of the world's largest retailers," said Steve Corea, senior vice president of acquisitions for Thompson National Properties.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
