NEW YORK — Radiant Partners LLC, New York, and Simsbury, Conn.-based Landmark Partners have teamed up to purchase a $205 million portfolio of 12 properties across the United States. The partners acquired the portfolio from Charlotte, N.C.-based First Union Real Estate Equity and Mortgage.
The portfolio includes fourproperties: the 55 Public Square Building and CEI Building in Cleveland; the North Valley Tech Center in Thornton, Colo.; and the Two Rivers Business Center in Clarksville, Tenn. It also features the Pecanland Mall in Monroe, La., the Westgate Shopping Center in Abilene, Texas, and six parking facilities. Radiant Partners will be the asset manager of the portfolio. The partnership marks the first acquisition by Radiant Partners and continues Landmark’s strategy of re-capitalizing existing portfolios.