Tulsa, Ok. — Stan Johnson Co. has brokered the sale of a 12-property portfolio of single-tenant retail buildings located across 10 states. The properties are occupied by tenants including Advance Auto Parts and PetSmart, alongside other auto part, eye care and pet supply retailers. The 187,884-square-foot portfolio was acquired by a joint venture between affiliates of MCB Real Estate and Blue Vista Capital Management for $28.5 million. Zach Harris, Jeff Hughes and Melissa McKenzie of Stan Johnson Co. represented the seller, a Midwest-based private family office.
Stan Johnson Co. Brokers Sale of 12 Single-Tenant Retail Properties for $28.5 Million