{"id":1004192035,"date":"2017-09-29T13:04:57","date_gmt":"2017-09-29T21:04:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004192035"},"modified":"2022-12-08T16:17:20","modified_gmt":"2022-12-09T00:17:20","slug":"grocery-anchored-retail-center-trades-in-san-antonio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/grocery-anchored-retail-center-trades-in-san-antonio\/","title":{"rendered":"Grocery-Anchored Retail Center Trades in San Antonio"},"content":{"rendered":"<p>By Razvan Cimpean<\/p>\n<div id=\"attachment_1004192036\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Grandview-Shopping-Center-in-San-Antonio.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004192036\" data-attachment-id=\"1004192036\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/grocery-anchored-retail-center-trades-in-san-antonio\/grandview-shopping-center-in-san-antonio\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Grandview-Shopping-Center-in-San-Antonio-e1506673348749.jpg\" data-orig-size=\"1090,820\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Razvan-I Cimpean&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Grandview Shopping Center in San Antonio\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Grandview Shopping Center in San Antonio&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Grandview-Shopping-Center-in-San-Antonio-e1506673348749.jpg?w=1024\" class=\"wp-image-1004192036 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Grandview-Shopping-Center-in-San-Antonio-e1506673348749.jpg\" alt=\"Grandview Shopping Center in San Antonio\" width=\"300\" height=\"226\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Grandview-Shopping-Center-in-San-Antonio-e1506673348749.jpg 1090w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Grandview-Shopping-Center-in-San-Antonio-e1506673348749.jpg?resize=300,226 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Grandview-Shopping-Center-in-San-Antonio-e1506673348749.jpg?resize=768,578 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Grandview-Shopping-Center-in-San-Antonio-e1506673348749.jpg?resize=1024,770 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004192036\" class=\"wp-caption-text\">Grandview Shopping Center in San Antonio<\/p><\/div>\n<p>Sterling Org. sold Grandview Shopping Center in San Antonio, a 103,000-square-foot, grocery-anchored retail center, for $21.9 million. Sterling Org. acquired the asset in 2012 for $11.3 million from its institutional fund Sterling Value Add Partners.<\/p>\n<p>Located at 8005-8135 Callaghan Road, the shopping center\u00a0is easily accessible via interstates 10 and 410. Grandview Shopping Center is anchored by Sprouts Farmers Market, with Petco Animal Supplies as a junior anchor. Tenants include Dollar General, Yaya\u2019s Thai Restaurant and Asel Art Supply. More than 150,000 people live within a three-mile radius of the property.<\/p>\n<h2>Recent renovations<\/h2>\n<p>In recent years, Sprout Farmers Market underwent a complete renovation. Additionally, the property was also modernized with updated building fa\u00e7ades, signage, lighting and parking lot.<\/p>\n<p><em>\u201cDuring our four and a half years of ownership, our team was able to increase the net operating income at Grandview Shopping Center by almost 75 percent,\u201d<\/em> Brian Kosoy, managing principal, president &amp; CEO of Sterling Org., said in a prepared statement.<\/p>\n<p>The deal comes a few weeks after Lidl, the <a href=\"https:\/\/www.commercialsearch.com\/news\/lidl-enters-texas-market\/\">German discount supermarket chain<\/a>, announced that it will anchor the retail development at the intersection of Alamo Ranch Parkway and Lone Star Parkway in San Antonio.<\/p>\n<p><em>Image via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sterling Org. sold a 103,000-square-foot shopping center in San Antonio. Recently, the property underwent renovations that included updated building fa\u00e7ades, signage, lighting and parking lot.<\/p>\n","protected":false},"author":753,"featured_media":1004508546,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,21749,1607],"tags":[35660,36875,36215],"class_list":["post-1004192035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-latest","category-retail","category-san-antonio","tag-dollar-general","tag-sprouts-farmers-market","tag-sterling-organization"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Grocery-Anchored Retail Center Trades in San Antonio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/grocery-anchored-retail-center-trades-in-san-antonio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Grocery-Anchored Retail Center Trades in San Antonio\" \/>\n<meta property=\"og:description\" content=\"Sterling Org. sold a 103,000-square-foot shopping center in San Antonio. Recently, the property underwent renovations that included updated building fa\u00e7ades, signage, lighting and parking lot.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/grocery-anchored-retail-center-trades-in-san-antonio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-29T21:04:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T00:17:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Grandview-Shopping-Center-in-San-Antonio.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1586\" \/>\n\t<meta property=\"og:image:height\" content=\"822\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Razvan Cimpean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/grocery-anchored-retail-center-trades-in-san-antonio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/grocery-anchored-retail-center-trades-in-san-antonio\\\/\"},\"author\":{\"name\":\"Razvan Cimpean\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/694c0c0a53e89aa8de1e53ff8201b3b6\"},\"headline\":\"Grocery-Anchored Retail Center Trades in San Antonio\",\"datePublished\":\"2017-09-29T21:04:57+00:00\",\"dateModified\":\"2022-12-09T00:17:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/grocery-anchored-retail-center-trades-in-san-antonio\\\/\"},\"wordCount\":218,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/grocery-anchored-retail-center-trades-in-san-antonio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Grandview-Shopping-Center-in-San-Antonio.jpg\",\"keywords\":[\"Dollar General\",\"Sprouts Farmers Market\",\"Sterling Organization\"],\"articleSection\":[\"Deals\",\"News\",\"Retail\",\"San Antonio\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/grocery-anchored-retail-center-trades-in-san-antonio\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/grocery-anchored-retail-center-trades-in-san-antonio\\\/\",\"name\":\"Grocery-Anchored Retail Center Trades in San Antonio - 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