BDB Realty Purchases Summer Center

by Nate Hunter

Memphis, Tenn. — The 148,685-square-foot Summer Center is anchored by Kroger.

Memphis, Tenn. — Weingarten Realty Advisors has sold Summer Center, a 148,685-square-foot, grocery-anchored property in Memphis, to BDB Realty. The center is located near the intersection of Summer Avenue and Waring Road east of downtown Memphis. Renovated in 2008, the property is 95 percent leased. Kroger and Ross Dress for Less anchor Summer Center.

Jim Hamilton and Richard Reid with HFF’s Atlanta office represented the seller in the transaction. As of March 31, Weingarten Realty Advisors owned or operated 286 neighborhood and community shopping centers in 21 states totaling approximately 53 million square feet.

You may also like