The Palomar Team facilitated the sale Fort Howard Square, a 113,000sf Wal-Mart Shadow Center with tenants including Goody’s, Fred’s, Rue 21, Hibbett Sports, and more. The center was 96% occupied at the time of the sale with over 80% leased to national tenants. The team worked with both the Buyer, a publicly traded REIT, and the Seller in the transaction.
PROPERTY HIGHLIGHTS:
- Wal-Mart Shadow Center
- Over 80% leased to National Tenants
- 113,000sf
- Tremendous Cash Flow potential