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SENIOR LEADERSHIP
PRess
179,039 SF
8.84+ Acres
2973 Cottingham Expressway,
Pineville, LA 71360
A 179,039 SF, 18.84+ acre, Grocery Anchored (Super 1) retail property with an Ollie’s Bargain Outlet. The asset was placed under contract during the height of the COVID-19 Pandemic. Additionally, the asset has three pad sites, which hold value to either fee develop, ground lease (and sell), or sell outright. Lastly, there is a large, empty standalone former K-Mart which has self-storage potential as well as adjacent land. This transaction is an example of the buying power of the Fund and its ability to move quickly and acquire underpriced assets in special situations.