Jake Bisenius Of AmCap Properties Acquires Grocery-Anchored Retail Portfolio From Katherine Harvey Burr For $170.8M

AmCap Properties acquired an eight-property, grocery-anchored retail portfolio from Loja Group, covering seven states. The properties total approximately 770,940 square feet, with a sale price of $170,800,000. The portfolio includes centers anchored by tenants such as Whole Foods, Trader Joe’s, Sprouts, and WinCo Foods situated in markets including Tracy and Walnut Creek in California, Oregon City in Oregon, West Des Moines in Iowa, Littleton in Colorado, Reno in Nevada, Glendale in Arizona, and Wichita in Kansas.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $170,800,000
• Buyer: Jake Bisenius - AmCap Properties
• Seller: Katherine Harvey Burr - Loja Group
• Lender: New York Life Insurance Co.
• Square Footage: 770,940
• Price Per Square Foot: $222

The acquisition was financed with an $87.5 million loan from New York Life Insurance Company, reflecting the institutional demand for U.S. retail assets. The portfolio encompasses grocery-anchored centers that meet a variety of consumer needs across multiple states.