399K-SF McAllen Shopping Center Trades for $81.6M

CTO Realty Growth acquired the Palms Crossing Shopping Center in McAllen for $81.6 million. WPG (Washington Prime Group) was the seller. The 47-acre property features 399,000 square feet of retail space. It boasts over 47 retail and dining options, including Best Buy, Hobby Lobby, and Barnes & Noble. Restaurants include P.F. Chang’s, Cheddar’s, McAlister’s Deli,...