Dickson Commercial Group Arranges $28 Million Sale of Shopping Center Near Lake Tahoe

by Katie Sloan

Zephyr Cove, Nev.— Dickson Commercial Group (DCG) has arranged the sale of Round Hill Square Shopping Center, a retail property located in Zephyr Cove near Lake Tahoe.

ROIC Zephyr LLC sold the property to an undisclosed buyer for $28 million. The 115,984-square-foot center was 96.8 percent occupied at the time of sale. Tenants include Safeway, United States Postal Service, Wells Fargo, Dollar Tree, Subway, WorldMark by Wyndham and Barton Healthcare Lake Tahoe Surgery Center. Chris Shanks, Dominic Brunetti and Scott Shanks of DCG, along with Tony Bernheim of Carlsbad Capital, represented the seller in the deal.

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