Lubbock shopping center featuring Hobby Lobby, Spec’s has new owner

The Lubbock-based retail center housing Spec’s, Vison Mart and one of the busiest Hobby Lobbies in the country and a number of other shops near 69th Street and Slide Road now has new ownership.

Continental Realty Corporation (CRC) a Baltimore based real estate investment and management company, has acquired South Plains Crossing, a 144,241 square foot retail center, for $18.25 million, according to a news release from the company this week.

The property, formerly owned by a joint venture between Atlanta-based RCG Ventures, LLC and New York City-headquartered DRA Advisors LLC was 94{478333fef289f17d569c76970834c08f92d608302faf6c452490324ee355f13f} leased with 11 tenants at the time

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