Bonner Mall, LLC has completed the acquisition of Bonner Mall, a 195,805-square-foot enclosed regional shopping center located on 15.72 acres in the heart of Ponderay, Idaho’s dominant retail corridor next to Sandpoint, Idaho.
The acquisition was led by Dave Black, CEO, and Chris Bell, Managing Broker, of NAI Black, a Spokane-based full-service commercial real estate firm. The property will be managed by Black Realty Management, Inc.
Bonner Mall stands as the only enclosed grocery-anchored shopping center in the region, with anchors including Yoke’s Fresh Market, Staples, Harbor Freight Tools, Petco, Dollar Tree, and Walker’s Furniture.
“This acquisition represents a rare opportunity to invest in a high-quality, irreplaceable retail asset in a rapidly growing market,” said Chris Bell. Bonner Mall was acquired off-market. The property is currently 78% occupied, with upside through leasing of the remaining spaces and new tenant expansions.
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