May
04

Columbia’s Sparkleberry Square Sells for $160/sf

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Equity One has sold the 338,801 square foot retail center in Columbia as part of a 7 property portfolio sale. The allocated price was $54,114,994 according to Real Capital Analytics. The purchase price equals $159.73 per square foot, and based upon the previous sale, an annual appreciation of 4.9% is indicated.

Tenants include Bed Bath & Beyond, Circuit City, Kohl’s, Kroger Pier One and Ross Dress for Less. Two local shops totaling 2,837 square feet are currently available. The population within a three mile radius of the center is 52,400, with a mediam houshold income of $84,200.

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    Categories : Columbia

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