ROUND ROCK, TX—CBRE’s National Retail Investment Group has completed the sale of Boardwalk Shopping Center in Round Rock, near Austin, behalf of Greenwood Village, Colorado-based Madison Capital Management. A private real estate fund advised by Crow Holdings Capital-Real Estate (CHC-RE) based in Dallas, purchased the super-regional power center for an undisclosed price.

The 184,598-square-foot center, built in 1996, is 98.6% occupied and anchored by a collection of national retailers, including Ross, PetSmart, Office Max and Party City. Walmart Supercenter and Home Depot shadow anchor the asset. The property’s tenants have a weighted average historical occupancy of 11.8 years and limited rollover with 69% of its tenants not experiencing lease expirations until 2018 and beyond.

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