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Florida-Based Investor Buys Benton Commons

L2 Partners Pays $9.34 Million for Grocery-Anchored Retail Center in Benton, Arkansas
Miami-based L2 Partners acquired the Kroger-anchored Benton Crossing shopping center in Benton, Arkansas. (CoStar)
Miami-based L2 Partners acquired the Kroger-anchored Benton Crossing shopping center in Benton, Arkansas. (CoStar)
By Aaron Shifflett
CoStar Research
June 26, 2023 | 5:52 P.M.

L2 Partners, a Miami, Florida-based real estate investment firm with offices in Chicago and Providence, Rhode Island, completed the acquisition of Benton Commons, an 80,218-square-foot retail center anchored by a Kroger grocery store located off Military Road in Benton, Arkansas. The neighborhood center property sold for $9.34 million, or approximately $116 per square foot.

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