Reis has yet to uncover any qualifying retail investment sales for the second quarter of 2012. Retail transactions over the past four quarters are dominated by one major sale: the October 2011 sale of the 486,900-square-foot 1890 Ranch Shopping Center in Cedar Park for $97.6 million ($200 psf). The transaction total for the past four quarters combined is just $117 million. The rolling 12 month cap rate is 6.0%.