CAPEHART SQUARE ACQUIRES TWO RETAIL CENTERS FOR $3.3 MILLION
BELLEVUE, NEB. — Omaha, Neb.-based Capehart Square LLC has acquired two shopping centers totaling 48,000 square feet in Bellevue. The 26,000-square-foot Capehart Square Shopping Center, which is located on Capehart Road, and the 22,000-square-foot 25th Place Shopping Center, which is located on 25th Street, were purchased for approximately $3.33 million. Both centers are located adjacent to housing for Offutt Air Force Base. At the time of closing, the developments were 80 percent occupied. Ember Grummons of Investors Realty Inc. represented both parties in the transaction. The seller was not disclosed.