Sunset Plaza Has Been Sold

Sunset Plaza, a 92,000-square-foot shopping center in San Angelo, has been sold to a private investor from Mexico City. The property, shadow-anchored by Target and featuring national retailers like Ross, HomeGoods, Petco, and Five Below, was previously owned by an investor from California. Hanley Investment Group handled the transaction and secured a long-term lease extension with Petco to strengthen the deal. Built in 2005, Sunset Plaza is one of the region’s busiest retail destinations, ranking among the top 20% most-trafficked shopping centers in the U.S., and offers strong long-term growth potential thanks to its prime location and stable tenant mix.