JLL Sells Trader Joe’s-Anchored Omaha Center  

JLL Capital Markets has sold the $34 million One Pacific Place, a 90,945-square-foot retail center anchored by a high-performing Trader Joe’s in Omaha, Nebraska.

JLL marketed the property on behalf of the seller, a joint venture between RED Development and BIG Shopping Centers. Midwest-based Lund Company Investments, Inc. acquired the asset.

The 93.4%-leased One Pacific Place is also home to a synergistic mix of daily needs, restaurant, medical and traditional retail tenants, including Talbots, Chico’s, Wheatfield’s, Dentistry for Health, Five Salon, Hand & Stone Massage & Facial Spa, Bath and Body Works, , Eddie Bauer, , Club Champion, Power Life, Nothing Bundt Cake and Andre’s. Completed in 1989, the center was last renovated in 2010.

The JLL Retail Capital Markets team representing the seller was led by managing directors Amy Sands and Clinton Mitchell, director Michael Nieder and senior managing director Chris Gerard.