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Santa Monica, Calif. — Sands Investment Group has arranged the sale of a portfolio of three grocery stores located in Grove, Jenks and Bixby, Oklahoma, for $28.6 million.
Dan Hoogesteger and Andrew Chana of Sands Investment Group’s Santa Monica office represented the seller in all three transactions to the buyer, Ladder Capital Finance LLC. Dispositions include a 31,500-square-foot Harps grocery store located at Harbor Point Shopping Center in Grove; an 81,000-square-foot Reasor’s grocery store located in Jenks; and a 74,889-square-foot Reasor’s grocery store located in Bixby.