RUBICON BUYS WISCONSIN RETAIL CENTER FOR $12M

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GREEN BAY, WIS. — Rubicon US Reit has purchased Bellevue Town Center, a 74,270-square-foot grocery-anchored retail center in Green Bay for $12 million in an off-market transaction. The fully occupied center is anchored by a 64,470-square-foot Copps grocery store. The center also includes seven small shop spaces totaling 9,800 square feet. The property is located at 2064 Lime Kiln Road. Greg Dietz and Danny Spitz of Baum Realty Group represented the buyer in the transaction. The seller was Outlook Development Group.

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