IRVINE, Calif., Sept. 23, 2011 /PRNewswire/ — TNP Strategic Retail Trust, Inc. the “Company”, a public non-traded REIT that invests in grocery and drug-store anchored, multi-tenant necessity retail properties and other real estate-related assets, announced today the completion of the Companys ninth acquisition, Topaz Marketplace in Hesperia, California.
“Topaz Marketplace is the premier retail center along the Main Street corridor and features a diverse tenant base, including grocery, medical, educational and service uses,” said Thompson National Properties senior vice president, acquisitions, Stephen Corea. “Topaz Marketplace enjoys favorable positioning along the border of a large residential consumer base. In addition, the property is on the “Go Home” south side of Main Street, providing convenient access to customers.”
via TNP Strategic Retail Trust Acquires Topaz Marketplace In Hesperia, California – TheStreet.