The shopping center that houses Lululemon, BoLD Restaurant and Bar and TGR Breckenridge just sold for $16.75 million to Alabama-based Southern Oak Capital. According to a news release, the commercial real estate property was fully.
Photo from Lululemon
.
Existing businesses are moving into larger spaces, and new stores are moving in, said operating partner Jack Wolfe, who oversees leasing of the commercial area.
“We really went after trying to strengthen the roster of businesses there and work with every one of them to try to get through the pandemic and get stronger,” Wolfe said. “We still have less than a 1% vacancy rate in Breckenridge, and I think we’re all surprised. The support of the town was key to keeping all those businesses in business, but we’ve been keeping busy down at Main Street Station.”