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Brentwood, Mo. — CBRE has brokered the sale of The Promenade at Brentwood, a 337,800-square-foot power center in the western St. Louis suburb of Brentwood. The sale price was $71.6 million. Tenants at the property include Target, Trader Joe’s, Burlington, Five Below, PetSmart, Ulta Beauty, World Market and Chase Bank.
CBRE’s NRP Midwest team represented the seller, Beachwood, Ohio-based SITE Centers, in the transaction. Haverford Retail Partners was the buyer.