Partners Capital Acquires 41,041 Shopping Center in McAllen, Texas

by Taylor Williams

MCALLEN, TEXAS — Partners Capital, the investment arm of Partners Real Estate, has acquired a 41,041-square-foot shopping center in McAllen. Colonnade of McAllen was built in 2004 and was fully leased at the time of sale to a mix of service-oriented tenants. Andrew Pappas and Carson Grett led the transaction for Partners on an internal basis. Micha van Marcke of Edge Realty Partners represented the undisclosed seller.

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