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CBRE Brokers Sale of 113,742 SF Grocery-Anchored Retail Center in Arlington

Seville Commons in Arlington was 95 percent leased at the time of sale.

Seville Commons in Arlington was 95 percent leased at the time of sale.

ARLINGTON, TEXAS — CBRE has brokered the sale of Seville Commons, a 113,742-square-foot, Class A retail center in Arlington. Anchored by Walmart Neighborhood Market, the property was 95 percent leased at the time of sale to tenants such as Chase Bank, Sprint, Subway and GNC. Chris Gerard, Chris Cozby and Blaine Dozier of CBRE represented the undisclosed seller in the transaction. Cincinnati-based Phillips Edison, a REIT specializing in grocery-anchored assets, purchased the center for an undisclosed price.

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