Mississippi

Laurel, Miss. — CrownPoint Partners has facilitated the $3.6 million sale of a retail property located at 2340 Highway 15 North in Laurel. Kroger occupies the 44,046-square-foot building, which includes a Kroger-operated fuel station. Situated across from Pine Tree Village Shopping Center, Kroger has operated at this location since 1982. Julius Swolsky and Shannon Bona of CrownPoint Partners represented the buyer, a subsidiary of Essential Growth Properties, in the transaction. Marcus & Millichap represented the seller, San Francisco-based Pacific Bay Investments, Inc. Trinity Capital Corp. secured financing for the acquisition …

D’Iberville, Miss. — Marcus & Millichap has arranged the sale of Barnett Plaza, a 107,288-square-foot shopping center located in D’Iberville. Constructed in phases between the late 1970s and 2008, the property is situated on 13.8 acres. Tenants at the center include Crunch Fitness and Saad Health Care. Andrew Chason and Stephen Sewell of Marcus & Millichap represented the undisclosed seller in the transaction. Mickey Davis assisted as the firm’s broker of record in Mississippi. 

Corinth, Miss. — The Palomar Group has arranged the $3 million sale of Harper Square, a 40,000-square-foot shopping center located at 1801 S. Harper Road in Corinth. The property, which was redeveloped in 2018, was fully leased at the time of sale to Marshalls and Aldi. A private investment firm based in Georgia purchased the asset from an unnamed lender that recently foreclosed on the center. The Palomar Group represented the seller in the transaction.