Sunday 18 April 2021
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Texas A&M - 1 month ago

Two DFW retail centers sold for $37.2M

​​DALLAS-FORT WORTH – Disney Investment Group has brokered the sale of two ​shopping centers in North Texas for $37.2 million.
Hickory Creek Plaza, a 28,134-sf ret​ail center on Teasley Ln. in Denton, was purchased by a private REIT from Regency Centers. It is shadow-anchored by a Kroger Signature store.
Two bank outparcels ground leased to Chase Bank and Wells Fargo were included in the sale. Towne North is a 124,289-sf center anchored by E​l Rancho Supermercado at the southwest corner of Beltline and Northgate Roads in Irving. It was purchased by an out-of-state private equity firm from Nayeb Group.
The Texas Real Estate Research Center has more on DFW s retail market #58;​​Texas Quarterly Commercial Report​DFW retail news​Source #58; Disney Investment Group

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