MIMCO Nabs 200K-SF City Base Landing
Commercial real estate firm MIMCO acquired City Base Landing, a 201,426-square-foot shopping center on the southern edge of San Antonio, in the Brooks master-planned community. The PRU CB LP, a partnership led by Prudential Financial, sold the center at 3326 S.E. Military Dr., near Interstate 37, for an undisclosed amount. The asset was 86.8% occupied at the time of the sale.
City Base Landing was developed in 2005 by HPI, and is shadow-anchored by a Walmart and Sam’s Club stores. The tenant roster features national names including Best Buy, Office Depot, JoAnn, Starbucks, Chick-Fil-A, AT&T and Chili’s.
“We are excited to continue to grow our presence in San Antonio, and build on our existing relationships with the shopping center’s tenants,” said MIMCO’s Troy Marcus.
For comments, questions or concerns, please contact Amy Sorter