{"id":1004261408,"date":"2018-08-31T01:10:57","date_gmt":"2018-08-31T09:10:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004261408"},"modified":"2022-12-08T23:36:48","modified_gmt":"2022-12-09T07:36:48","slug":"sacramento-valley-retail-center-changes-hands-for-18m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/sacramento-valley-retail-center-changes-hands-for-18m\/","title":{"rendered":"Sacramento Valley Retail Center Changes Hands for $18M"},"content":{"rendered":"<p>By Tudor Scolca<\/p>\n<div id=\"attachment_1004261411\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004261411\" data-attachment-id=\"1004261411\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/sacramento-valley-retail-center-changes-hands-for-18m\/woodland-crossroads\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg\" data-orig-size=\"3264,2448\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&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=\"Woodland Crossroads\" data-image-description=\"&lt;p&gt;Woodland Crossroads&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Woodland Crossroads&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?w=1024\" class=\"wp-image-1004261411 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg\" alt=\"Woodland Crossroads\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg 3264w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?resize=1536,1152 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?resize=2048,1536 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?resize=150,113 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?resize=696,522 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?resize=1068,801 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?resize=1920,1440 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?resize=560,420 560w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?resize=80,60 80w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/08\/Woodland-Crossroads-e1535637372360.jpg?resize=265,198 265w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004261411\" class=\"wp-caption-text\">Woodland Crossroads<\/p><\/div>\n<p>Woodland Crossroads TIC-Engstrom Properties has sold Woodland Crossroads, a 167,000-square-foot retail center in Woodland, Calif. A private capital investment group, affiliated with El Tigre Holdings, acquired the property for $18 million. Cushman &amp; Wakefield represented the seller, while a Keller Williams Realty team acted on behalf of the buyer.<\/p>\n<p>Woodland Crossroads is on the northwestern corner of Matmor Road and East Main Street, less than a mile away from Interstate 5 and the Vic Fazio Highway. The 1985-built property originally had K-Mart as its anchor tenant. Previous ownership implemented a considerable redevelopment program, transforming the asset into a Grocery Outlet-anchored, mid-sized box promotional center. Other national tenants include Ross, Party City, Harbor Freight and Tractor Supply.<\/p>\n<p>\u201c<em>Woodland Crossroads was ideally tenanted to thrive in the <a href=\"https:\/\/www.commercialsearch.com\/news\/surviving-the-retail-revolution-a-guide-for-small-operators\/\">era of e-commerce<\/a>. The property combines value retailing in Ross and Grocery Outlet with the style of hands-on product merchandising of Harbor Freight and Tractor Supply that cannot be replicated online,<\/em>\u201d said Wald in a prepared statement.<\/p>\n<p>Nearby big box retailers include Walmart, Costco, Target and Home Depot. Executive Managing Directors Dan Wald and Don LeBuhn of Cushman &amp; Wakefield\u2019s Retail Investment Advisors Group represented the seller in this transaction.<\/p>\n<p><em>Image courtesy of Cushman &amp; Wakefield<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The shopping center opened its doors in 1985, anchored by K-Mart. Engstrom Properties renovated the asset and shifted toward a diversified mid-size tenant roster.<\/p>\n","protected":false},"author":1284,"featured_media":1004261411,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,21749,36080,15],"tags":[32799,41831,34791],"class_list":["post-1004261408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-retail","category-sacramento","category-west","tag-cushman-wakefield","tag-dan-wald","tag-keller-williams-realty"],"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>Sacramento Valley Retail Center Changes Hands for $18M - 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\/sacramento-valley-retail-center-changes-hands-for-18m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sacramento Valley Retail Center Changes Hands for $18M\" \/>\n<meta property=\"og:description\" content=\"The shopping center opened its doors in 1985, anchored by K-Mart. 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