Partners Capital Purchases 41,041-Square-Foot Neighborhood Center in McAllen, Texas

McAllen, Texas — Partners Capital, the investment platform of Partners Real Estate, has acquired Colonnade of McAllen, a 41,041-square-foot neighborhood center located in the Rio Grande Valley city of McAllen.

Built in 2004, Colonnade of McAllen was fully leased at the time of sale. Tenants include Maripoza Boutique, PureLine Nutrition, Queen’s Nails and Sari-Sari Filipino Convenience Store, according to LoopNet Inc.

This transaction marks Partners Capital’s second acquisition through its Opportunity Fund VI and the first retail property acquired through the vehicle.