MCB Real Estate Epic Real Estate Partners Centerbridge Partners Acquire Northwoods Shopping Center In San Antonio

The Northwoods Shopping Center, located at 18030 North Us Highway 281 in San Antonio, encompasses a total area of 439,569 square feet. This retail property is anchored by HEB and includes a range of tenants such as Nordstrom Rack, Marshalls, Homesense, Barnes & Noble, Old Navy, and Ulta Beauty. The center is currently 91% leased.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 18030 North Us Highway 281
• Market: San Antonio
• Square Footage: 439,569
• Buyer: P. David Bramble - MCB Real Estate
• Buyer: Daniel J. Holland - Epic Real Estate Partners
• Buyer: Jeff Aronson - Centerbridge Partners
• Lender: Truist Bank

A joint venture involving MCB Real Estate, Epic Real Estate Partners, and Centerbridge Partners has successfully acquired the Northwoods Shopping Center. Truist Bank facilitated the financing for this acquisition, emphasizing the collaboration among the investors to enhance their presence in the retail market.