COLE ACQUIRES OXFORD EXCHANGE FOR $45.5 MILLION

OXFORD, ALA. — Phoenix-based Cole Real Estate Investments has acquired the 334,000-square-foot Oxford Exchange, located at 650 Oxford Exchange Blvd. in Oxford, for $45.5 million. The center is 97 percent leased to tenants including Bed Bath & Beyond, Hobby Lobby, Dick's Sporting Goods, TJ Maxx, PetSmart and more. Bullock Mannelly Partners represented Abernathy & Timberlake Investment Group, the seller, in the transaction and the buyer was self-represented by Clint Marchuk.