LAS CRUCES, NM-A private Dallas partnership ended its hold on the 23,500-square-foot Office Max and 50,428-square-foot Albertson’s by selling the assets to different buyers. The grocery store ended up in ABNK Las Cruces LLC’s portfolio, while Fidelis Realty Partners took possession of the office supply superstore.

Both assets, which were listed at $6 million, are in the Foothills Shopping Center, a suburban retail center on East Lohman Avenue near Interstate 25. The center also has a Target and a Home Depot, neither of which were part of the transaction.

Keith Fisher, vice president with Stream Realty Partners LP’s Dallas office says both properties had been on the market since early 2008. He adds that the Office Max, the only one in Las Cruces, had been under contract to another group before falling out of escrow. “Financing did play a big role in the delay in getting these sold,” acknowledges Fisher, who represented the seller.

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