08/24/2026 | Press release | Distributed by Public on 08/24/2026 16:22
Bridge33 Capital acquires Lloyd Crossing, a premier retail power center in Evansville, Indiana
Evansville, IN - August 20, 2026 - Bridge33 Capital is pleased to announce the acquisition of Lloyd Crossing, a prominent 252,900-square-foot retail power center in Evansville, Indiana.
Strategically located on the rapidly growing east side of Evansville, Indiana's third-largest city, Lloyd Crossing is positioned within an established and expanding retail corridor. Its proximity to Interstate 69 provides additional connectivity and enhances the property's ability to draw customers from across the broader Evansville trade area.
Lloyd Crossing is shadow anchored by Walmart and The Home Depot, two of the nation's leading retailers, and features an established roster of nationally recognized tenants, including PetSmart, Kohl's, Burlington, Staples, Bubba's 33, McDonald's, and IHOP. The combination of prominent traffic-generating retailers, strong national tenancy, and a strategic location reinforces Lloyd Crossing's position as a leading retail destination in the Evansville market.
"We are pleased to add Lloyd Crossing to our growing portfolio of high-quality retail assets," said Peter Trahanas, Director - Investments at Bridge33 Capital. "This acquisition is consistent with our strategy of investing in well-located, necessity-based retail properties with strong tenant rosters, durable cash flow, and attractive long-term fundamentals. Evansville is an established regional retail market, and we believe Lloyd Crossing is well positioned to benefit from its strategic location, strong tenant base, and continued demand for essential retail services."
About Bridge33 Capital LLC
Bridge33 Capital LLC is a vertically integrated real estate company focused on open-air retail centers. Since 2013, Bridge33 has acquired ~17.7 million SF of commercial real estate across 26 states and currently operates ~$2.8 billion of assets under management. For more information, please visit www.bridge33capital.com.