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SPERRY VAN NESS NEGOTIATES SALE OF GOLD’S GYM RETAIL PROPERTY

Posted on by in Retail, Texas

CORPUS CHRISTI, TEXAS — Sperry Van Ness has closed the sale of a single-tenant, NNN-leased retail property in Corpus Christi. Santa Clarita, Calif.-based NORSAN LLC purchased the space, which is fully occupied by Gold’s Gym, from Irving, Texas-based TRT Holdings for $8.3 million. Polly Johnson of Sperry Van Ness represented the buyer, which participated in a 1031 exchange. Ryan Carter and Tim Schenk of Stan Johnson Co. represented the seller. The retail property, which was built in 2007, spans 47,395 square feet and sits on 4.7 acres of land.

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