Broad Reach Retail Partners Buys 327,946-Square-Foot Retail Center in Michigan

The 327,946-square-foot Shelby Corners Shopping Center is 74.7 percent occupied. The 327,946-square-foot Shelby Corners Shopping Center is 74.7 percent occupied.

Utica, Mich. — Broad Reach Retail Partners LLC has added Shelby Corners Shopping Center, located in Utica, to its shopping center portfolio.

The 327,946-square-foot center consists of two single-story strip centers situated between a Target and a parcel housing Buy Buy Baby and Christmas Tree Shops. Both Target and the parcel are not part of the transaction. At the time of acquisition, the property was 74.7 percent leased. The name of the seller and the purchase price were not released.

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