TERRE HAUTE, IND. — Yale Realty Services Corp. has acquired the Sycamore Terrace shopping center in Terre Haute, 77 miles southwest of Indianapolis. The purchase price was not disclosed. The 47,663-square-foot retail center is located at the intersection of I-70 and U.S. 41 and is shadow-anchored by a Walmart Supercenter. Other tenants include Dollar Tree, Pet Supplies Plus, Rent A Center, Maurices, Monical’s Pizza, GameStop, GNC and Fantastic Sams.
Sycamore Terrace is the company’s first acquisition in the state of Indiana as it continues to focus on acquiring shopping centers anchored by Walmart Supercenters in growing secondary and tertiary markets. Based in Westchester County, N.Y., the firm owns and operates a portfolio of high-yield retail properties in the eastern United States.