{"id":1004205163,"date":"2018-01-30T06:58:37","date_gmt":"2018-01-30T14:58:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004205163"},"modified":"2022-12-09T00:39:15","modified_gmt":"2022-12-09T08:39:15","slug":"hutton-sells-186m-national-retail-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hutton-sells-186m-national-retail-portfolio\/","title":{"rendered":"Hutton Sells $186M National Retail Portfolio"},"content":{"rendered":"

By IvyLee Rosario<\/p>\n

\"\"<\/a>Hutton has disposed of a\u00a0single tenant retail portfolio<\/a> comprising 59 properties across 14 states for $185.8 million. From the proceeds of the sale, the company will invest in assets totaling more than $350 million of project costs throughout the year. This volume is in addition to the nearly $340 million of project costs Hutton originated in 2017.\u00a0<\/p>\n

The assets are net-leased to industry leading tenants including Walmart Neighborhood Market, Dollar General, O’Reilly Auto Parts and Family Dollar.\u00a0<\/p>\n

\u201cWe are very excited to announce this portfolio sale,\u201d<\/em>\u00a0said Karen Hutton, president\u00a0&\u00a0chief executive officer of Hutton, in prepared remarks. \u201cThis is a fantastic achievement for the Hutton Team and demonstrates the value we create for our clients, investors and the communities we help support. The proceeds from this sale will allow us to continue our tremendous pace of execution and further solidify our exciting and growing company.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

From the proceeds of the sale, the company will invest in assets totaling more than $350 million of project costs throughout the year. <\/p>\n","protected":false},"author":746,"featured_media":1004197202,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,23891,21742,21749],"tags":[38970],"class_list":["post-1004205163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-national","category-latest","category-retail","tag-hutton-companies"],"acf":[],"yoast_head":"\nHutton Sells $186M National Retail Portfolio - 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\/hutton-sells-186m-national-retail-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hutton Sells $186M National Retail Portfolio\" \/>\n<meta property=\"og:description\" content=\"From the proceeds of the sale, the company will invest in assets totaling more than $350 million of project costs throughout the year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hutton-sells-186m-national-retail-portfolio\/\" \/>\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=\"2018-01-30T14:58:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:39:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/retail-news-02.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\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\\\/hutton-sells-186m-national-retail-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hutton-sells-186m-national-retail-portfolio\\\/\"},\"author\":{\"name\":\"IvyLee Rosario\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f2094ece0e063845f848c7f1c7b84780\"},\"headline\":\"Hutton Sells $186M National Retail Portfolio\",\"datePublished\":\"2018-01-30T14:58:37+00:00\",\"dateModified\":\"2022-12-09T08:39:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hutton-sells-186m-national-retail-portfolio\\\/\"},\"wordCount\":152,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hutton-sells-186m-national-retail-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/11\\\/retail-news-02.png\",\"keywords\":[\"Hutton Companies\"],\"articleSection\":[\"Deals\",\"National\",\"News\",\"Retail\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hutton-sells-186m-national-retail-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hutton-sells-186m-national-retail-portfolio\\\/\",\"name\":\"Hutton Sells $186M National Retail Portfolio - 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