Core Monticello LLC, an affiliate of Core Equity Partners, is happy to announce the acquisition of The Monticello Center. Anchored by Ruler Foods (a Kroger subsidiary), Dollar General, and Factory Connection the center boast an impressive everyday needs tenant roster. The 96,000 square foot center is located on a signalized corner across from the Lewis and Clark Community College in Godfrey, IL.
“The Monticello Center is a great case study for properties we like to target. It has a grocery anchor, discount goods, and service tenants with truly great real estate fundamentals. We are thrilled to add this to our stable of properties.” – Drew Angel, CEO of Core Equity Partners
Ruler Foods is Kroger’s discount small store format which sells mainly private-label goods. They have invested heavily in the concept. Ruler, with other discount good retailers, is the perfect destination for Godfrey shoppers.
