Blue Crane ventures into Bella Vista with $33.9M acquisition that includes Sugar Creek Center

Blue Crane ventures into Bella Vista with $33.9M acquisition that includes Sugar Creek Center

Bentonville real estate developer Blue Crane completed a real estate acquisition for approximately 54 acres in Bella Vista in three separate deals totaling $33.9 million, laying the groundwork for future developments. The property acquired lies east of U.S. Highway 71 Business and includes the 9.5-acre, 48,000-square-foot Sugar Creek Shopping Center, a multi-tenant shopping center anchored by a grocery store, Allen’s Food Market. The remaining land is north and east of the shopping center.