Rafinia Property Group & Private Investment Group Acquire Retail Property In Pampa, Texas For $7.6M

Rafinia Property Group, LLC and Private Investment Group have acquired a retail property located at 2545 Perryton Parkway in Pampa, Texas. The property, known as The Shops at Cornerstone, was sold by The Shops at Cornerstone, LLC. The transaction took place on November 24, 2021.

Summary of Transaction Details

• Property Type: Retail
• Transaction Amount: $7,600,000
• Address: 2545 Perryton Parkway, Pampa, Texas
• Market: Pampa, Texas
• Square Footage: 230,000
• Price per Square Foot: $33

The buyer's representatives in this deal were Evan Rafinia from Rafinia Property Group and Addison Williams from CBRE. Rafinia Property Group, LLC is actively seeking high cap rate, multi-tenant, income-producing retail assets across the United States.