Kobalt Investment and The Retail Connection completed the acquisition of Sherman Commons.

Kobalt Investment and The Retail Connection, two commercial real estate firms, completed the acquisition of Sherman Commons, a 275k sq. foot power center. Financial terms were not disclosed. "Sherman Commons represents an exceptional investment opportunity with its strategic location, strong tenant roster, and meaningful growth potential. The economic trajectory of Sherman, which is rapidly becoming known as 'The Silicon Prairie,' made this an especially compelling acquisition," Ginnie McCorkle, Kobalt Investment CFO and Partner.