Lincoln, Neb. — Hanley Investment Group Real Estate Advisors has arranged the sale of Edgewood Shopping Center in Lincoln for an undisclosed price. Built in 1991, the 174,000-square-foot shopping center sits on 22 acres. At the time of sale, the center was 95 percent occupied to tenants such as Super Saver Foods, CVS, Dollar Tree, AutoZone, Herbalife, Party America, Petco, Cartridge World, H&R Block and Papa John’s. Hanley Investment Group represented the seller, Perkins Properties. Scott Taubin of The R.H. Johnson Co. represented the buyer, a Kansas City-based private investor.
Nebraska
Omaha, Neb. — Broad Reach Retail Partners has acquired Baker Square Shopping Center, a 158,380-square-foot grocery-anchored shopping center in Omaha. The property was 73 percent leased at the time of the sale to tenants including Fresh Thyme Farmers Market, JoAnn Fabric and CHI Health. There is 43,394 square feet of available space. Baker Square is located one mile south of LinkedIn’s new 200,000-square-foot office campus, that when complete in 2021, could house as many as 1,000 employees.
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