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St. Louis firms swap shopping plaza in $14 million deal

Posted on September 29, 2017

Sansone Group has acquired a 73,467-square-foot shopping center in Indiana for $13.8 million from the Desco Group.

The plaza, in Evansville, Indiana, is anchored by a 60,000-square-foot Schnucks grocery store and is 100 percent leased, with other tenants including Hacienda Mexican Restaurant, Premiere Tanning, Pro Nails, Philly Grill and Image Hair Salon. The deal closed Sept. 21.

Both firms are among the largest commercial developers in the St. Louis region.