TriGate Capital Sells Retail centers in Columbia, SC and St. Charles, MO
DALLAS, TEXAS –TriGate Capital has sold its Harbison Center and Regency Square retail properties to two different buyers. Harbison Center is a regional retail center located in Columbia, SC comprising 187,975 square feet. The property was sold to a private buyer with extensive experience in the southeast for $25.75mm. Regency Square is a Walmart shadow anchored retail center located in St. Charles County, MO. The center, comprising 49,155 square feet, was sold to a private buyer headquartered in St. Louis for $5.98mm.
TriGate would like to thank Mike Burkard, Steve Shields and Chase Young of CBRE who brokered the sales on behalf of TriGate.
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.