NEW YORK, NY – March 30, 2012 – (RealEstateRama) — O’Connor Capital Partners and Wafra Investment Advisory Group, via the fund O’Connor/Wafra Retail Partners, have acquired a joint venture interest in a 237,066-square-foot open-air, upscale lifestyle center, The Promenade at Chenal. Located in Little Rock, Ark., The Promenade at Chenal is anchored by many “first and only” tenants in the state, including Apple, J. Crew, DSW, Nike, Anthropologie, and Charming Charlies, in addition to Chenal Cinema. The Class A center, developed by RED Development, has exceptionally strong sales performance and is located in the most exclusive neighborhood of Little Rock. O’Connor/Wafra Retail Partners focuses on the acquisition of high-performing retail centers throughout the United States.
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