Smoke Tree Commons, Smoke Tree Village Change Ownership

A private investment company, TKG Management, Inc., purchased two Palm Springs shopping centers from Donahue Schriber Realty Group L.P. Smoke Tree Commons and Smoke Tree Village are grocery-anchored shopping centers located adjacent to each other on Palm Canyon Drive. Smoke Tree Commons, a 175,000-square-foot community center, sold for $32.45 million, or approximately $185 per square foot. It is anchored by Michaels, TJ Maxx, Cost Plus World Market...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Smoke-Tree-Commons-Smoke-Tree-Village-Change-Ownership/150061?ref=/News/Article/Smoke-Tree-Commons-Smoke-Tree-Village-Change-Ownership/150061&src=rss