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Berkeley Capital Advisors - Shreveport Breakup Strategy
December 28, 2023

Shreveport Breakup Strategy

Single Tenant . Shopping Center . Company News

Berkeley Capital Advisors is pleased to announce the sale of eight single-tenant outparcels in Shreveport, LA. The single-tenant team and shopping center team worked in collaboration with ownership to successfully pull off the break-up strategy of selling eight individual outparcels to five unique buyers, all intentionally closing within three weeks of each other. The successful outparcel dispositions allowed ownership to pay off the balance of their loan on the entire shopping center, paving the way for the shopping center to be marketed for sale free and clear.