"Bryant Square is a first class shopping center located in one of the best submarkets in the entire state of Oklahoma."
Edmond, OK (PRWEB) April 11, 2018
Bryant Square sits on 29 acres and is located at the intersection of two major thoroughfares – Bryant Ave. & 2nd Street. The intersection sees 54,000+ vehicles per day and is anchored by a collection of national retailers including: Target, Lowe’s, Walmart Neighborhood Market, and Walgreens in addition to the Property’s major anchors of Stein Mart, Ross, Bed Bath & Beyond, Ulta, Old Navy and Petco.
TriGate’s Senior Vice President, Keith Schneider, commented, “Bryant Square is a first class shopping center located in one of the best submarkets in the entire state of Oklahoma. The demographic trends coupled with the outstanding tenant lineup created an attractive buying opportunity for TriGate in today’s market.”
TriGate purchased the Property through its current investment vehicle - TriGate Property Partners III, LLC – which closed fundraising in 2016 with $340 million of equity commitments. Ryan Shore and Barry Brown of HFF represented the seller, InvenTrust Properties, in the transaction.
About Trigate Capital
TriGate Capital, LLC (TriGate) is a leading real estate investment manager focused on the recapitalization and repositioning of real estate assets and companies. TriGate is based in Dallas, TX and has completed investments throughout the United States.
TriGate manages three fully discretionary real estate funds, TriGate Property Partners, LP (Fund I), TriGate Property Partners II, LP (Fund II) and TriGate Property Partners III, L.P. (Fund III), which are the vehicles through which TriGate conducts its investment strategy. Fund I and Fund II are fully invested and Fund III is presently in its investment period.
TriGate’s team has been responsible for acquiring over $11 billion of real estate assets through multiple types of transaction structures. The Company’s professionals have significant expertise in real estate operations, debt restructuring, and asset and company recapitalization. Additionally, the team has extensive expertise in real estate asset selection and structuring transactions to weather different stages in the real estate investment cycle.