Dallas, Texas – Disney Investment Group (DIG) announced today it has brokered the sale of a newly tenanted, single tenant/net lease building occupied by Fiesta Mart.  The asset is 47,857 square feet and fully leased to Fiesta Mart, the largest operator of Hispanic-oriented grocery stores in Texas and Dallas/Ft. Worth.  David Disney and Adam Crockett of DIG represented the seller and DuWest represented the buyer. 

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based, boutique capital markets firm that has executed the sale of more than $2.9 billion of retail properties including $1.8 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

DALLAS, Texas – Disney Investment Group (DIG) is pleased to announce it has brokered the sale of Bosque River Centre in Stephenville, Texas.

With 39 tenants and 221,294 square feet of retail and restaurant space, Bosque River Centre is considered the dominant shopping center for the expanded Stephenville trade area.  Built in 1984, Bosque River Centre is anchored by Boot Barn, SPEC’s, Tractor Supply, Ollie’s, Planet Fitness, Cinemark and Dollar Tree among others. Bosque River Centre was 97% leased at the time of sale. 

David Disney and Adam Crockett of DIG exclusively represented the seller and procured the buyer for this transaction.

Two D-FW shopping centers — Arapaho Village in Richardson and Valley Square in Lewisville — sold to new owners last week.

The 101,507-square-foot Arapaho Village, located at W. Arapaho Road and West Shore Drive in Richardson, was sold to an affiliate of leasing firm Weitzman. The mall is anchored by a Tom Thumb and was 92% leased, according to Disney Investment Group, brokers on both deals.

Terms of the deals were not disclosed.

The Valley Square shopping center is a 57,812-square-foot property near I-35E at 724 W Main St. in Lewisville. The center is 100% leased and its biggest tenant is a recently opened Fiesta Mart, according to a release. The buyer remained undisclosed.

The two shopping centers are anchored by grocery chains as the sector expands in North Texas. Forney, a rapidly growing eastern suburb, is building a new H-E-B and added a Tom Thumb recently. H-E-B has been aggressive in expanding in the area and announced its first store in Dallas County last month.

The Valley Square shopping center off Main Street in Lewisville now has a new owner. Disney Investment Group brokered the sale of the shopping center on behalf of former property owner LRIC Properties.

The company sold the property to an undisclosed local buyer represented by DuWest Realty. Community Impact reports that the Denton Central Appraisal District values LRIC’s portion of the property, including land, retail space and parking, of at least $7.8 million.

The nearly 58,000-square-foot center is anchored by a newly opened Fiesta Mart along with over 20 other shops. The Fiesta Mart was not part of the sale, although the grocery store is being marketed for sale.

The sale included Sports Clips, Cicis Pizza, The UPS Store, Fyzical Therapy Center, Sherwin Williams and Isla Dental.

Dallas-based LRIC Properties was formed in early 2014 and focuses on the development, redevelopment and investment of retail properties throughout Texas, the Southwest and the South.

A Weitzman-affiliated company acquired Arapaho Village, a 101,507-square-foot shopping center in the Dallas suburb of Richardson. Disney Investment Group brokered the sale of the property, which features a Tom Thumb supermarket as the anchor. At the time of sale, the property was 92 percent leased. WASA Properties was the seller.

Arapaho Village is at W. Arapaho Road and West Shore Drive. In addition to its 43,256-square-foot Tom Thumb anchor, Arapaho Village is home to Papa John’s Pizza, Dutch Bros Coffee, WellMed, Anytime Fitness, Painting With a Twist, Subway, Arapaho Pharmacy, Hair Pro, The UPS Store and several others. 

Tom Thumb recently invested in a significant upgrade to both the interior and exterior of the anchor space, adding new finishes and new and expanded departments.

Weitzman’s Stephen R. Schmidt led the acquisition. David Disney and Adam Crockett of Disney Investment Group represented WASA.

A shopping center of more than 100,000 square feet anchored by a Tom Thumb has been acquired by an affiliate of Dallas-based Weitzman.

Built in 1990, the bustling Arapaho Village is in a relatively wealthy area of Richardson — average household income within a mile of the center is around $141,000, according to data from retail analytics firm Esri. About 397,000 people live within 5 miles of the retail, with average household incomes of over $127,000.

The Valley Square shopping center off Main Street in Lewisville now has a new owner.

Capital markets firm Disney Investment Group announced Oct. 9 it has brokered the sale of the shopping center on behalf of former property owner LRIC Properties, DIG owner David Disney said.

The details

The company sold the property to an undisclosed local buyer represented by DuWest Realty. While the amount of the deal was undisclosed, Denton Central Appraisal District values LRIC’s portion of the property at least at $7.8 million including land, retail space and parking, according to 2024 appraisal documents.

The nearly 58,000-square-foot center is anchored by a newly opened Fiesta Mart along with over 20 other shops. The Fiesta Mart was not part of the sale, Disney said.“We're in the process of working on the sale of the Fiesta building as well,” he added.

The Chipotle and 151 Coffee shop are separately owned and not part of the sale, Disney said. Dave’s Hot Chicken, which is set to open Oct. 11, according to the company’s social media, was part of the transaction, Disney said.

“People love that restaurant, and they're going up all over the country and all over the state, and they landed here, so that'll be great for the residents,” he said.

Sports Clips, Cicis Pizza, The UPS Store, Fyzical Therapy Center and Isla Dental were included in the sale along with the following:

• Sherwin-Williams
• Premier Medcare
• Cato
• Signarama
• Tide Laundromats
• PDQ Temporaries
• DJ Cheaper Cigarettes
• Total by Verizon
• Metro by T-Mobile
• Boost Mobile
• State Farm Insurance
• H&R Block
• A-Max Insurance
• Accident & Injury Chiropractor
• T-Mobile

Also of note

Dallas-based LRIC Properties was formed in early 2014 focused on the development, redevelopment and investment in retail properties throughout Texas, the Southwest and South.

Dallas, Texas – Disney Investment Group (DIG) announced today it has brokered the sale of Valley Square shopping center in Lewisville, Texas.  Valley Square is a 57,812 square foot center shadow-anchored by a newly opened Fiesta Mart.  Located on Main Street just west of Interstate 35, Valley Square is 100% leased with twenty-one (21) existing tenants.  David Disney and Adam Crockett of DIG exclusively represented the seller, Dallas-based LRIC Properties.  Will Walters of DuWest Realty represented the 1031 trade buyer. 

About LRIC

LRIC Properties was formed in early 2014 by real estate veterans Steve Lipscomb and Tabb Neblett to focus on the development, redevelopment and investment in retail properties throughout Texas, the southwest and south. Along with Asset Manager, Austin Clinkscales, the principals have over 70 years of real estate investment experience. LRIC is capitalized by five seasoned investors and invests as both GP and LP on transactions.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.87 billion of retail properties including $1.8 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

Richardson, Texas — Disney Investment Group (DIG) has brokered the sale of Arapaho Village, a 101,507-square-foot shopping center located in the Dallas suburb of Richardson. Tom Thumb anchors the property, which was roughly 92 percent leased at the time of sale. David Disney and Adam Crockett of DIG represented the seller, WASA Properties, in the transaction. An affiliate of Weitzman acquired the center for an undisclosed price. 

Dallas, Texas – Disney Investment Group (DIG) announced today it has brokered the sale of Arapaho Village in Richardson, Texas.  Arapaho Village is a 101,507 square foot center anchored by a strong-performing Tom Thumb store.  Located at the southwest corner of Arapaho Rd. and West Shore Drive, Arapaho Village is 91.9% leased and serves as a preferred, grocery-anchored neighborhood shopping center in the Richardson submarket.   David Disney and Adam Crockett of DIG exclusively represented the seller, WASA Properties.  An affiliate of Dallas-based Weitzman purchased the center.

About Weitzman

Weitzman is the leading full-service Commercial Retail Real Estate firm in the major markets of Texas.

As a leading retail developer in Texas, our experience covers more than 27 million square feet of retail space. From single-tenant restaurants to regional malls, we understand successful retail development.

About Wasa Properties                   

Wasa Properties is a New York City-based real estate investment and operating firm, specializing in the revitalization of income-generating, distressed, and deep value-add properties across dynamic markets in the northeast, southeast, and southwest regions. 

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.87 billion of retail properties including $1.8 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

The recently closed property transaction in Houston involved a retail asset located at 14498 Bellaire Boulevard. The property is part of the HEB Anchored Shopping Center, known as Presidio Square, and spans approximately 189,338 square feet. The transaction took place on 02/09/2024.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: N/A
• Address: 14498 Bellaire Boulevard
• Market: Houston
• Square Footage: 189,338 SF

The buyer in this transaction was Wu Properties, while the seller was North American Development Group. David Disney and Adam Crockett from Disney Investment Group served as the brokers representing both parties involved in the deal.

DALLAS, Texas (February 8, 2024) – Disney Investment Group (DIG) is pleased to announce it has brokered the sale of Presidio Square, a well-established grocery-anchored community center anchored by a high-performing HEB store.

Located at Highway 6 and Bellaire Blvd in West Houston, Presidio Square features 189,338 square feet of retail and restaurant space with thirty (30) tenants.  Presidio Square is anchored by an 82,466 square foot HEB store that has operated at the center for more than 20 years.  Other notable tenants include Family Thrift, AT&T, Subway, State Farm, Little Caesars, IHOP, Chase Bank and many others.   

David Disney and Adam Crockett of DIG represented the seller, an affiliate of North American Development Group (NADG) and procured the buyer, Houston-based Wu Properties.   

About North American Development Group

North American Development Group (“NADG”) is a privately owned, vertically integrated real estate platform with over $5.7B of AUM.  NADG has strategies in retail, residential and NNN.

Please visit www.nadg.com for further information on NADG.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.8 billion of retail properties including approximately $1.8 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

Yuma, Ariz. — Disney Investment Group (DIG) has brokered the sale of Yuma Palms Regional Center, a 398,602-square-foot retail center located in Yuma. The property was leased to 49 tenants at the time of sale. Retailers at the property include Ross Dress for Less, Marshalls, PetSmart, Michaels, Five Below, Old Navy, Ulta Beauty and Harkins Theatre at the time of sale. David Disney and Adam Crockett of DIG represented the undisclosed seller and procured the buyer, Bridge33, in the transaction. 

DALLAS, Texas (October 23, 2023) – Disney Investment Group (DIG) is pleased to announce it has brokered the sale of MidCity Placemakers, the newly constructed retail portion of MidCity District in Huntsville, Alabama.

The subject property is an 82,699 square foot shopping center anchored by Dave & Busters and REI and shadow-anchored by Trader Joe’s.  Currently under development and previously a mall site, MidCity District is a dynamic $1 billion+ mixed-use development project spanning more than 140 prime acres located at the southeast corner of University Drive and Research Park Blvd in Huntsville. 

David Disney and Adam Crockett of DIG represented the seller.   

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.7 billion of retail properties including approximately $1.71 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com

Dallas, Texas (October 16, 2023) – Disney Investment Group (DIG) announced today it has brokered the sale of Westcliff shopping center in Fort Worth, Texas. Westcliff is a 134,750 square foot grocery-anchored shopping center located less than ½ mile from Texas Christian University.  Westcliff is currently 86% leased and has been anchored by Albertsons since 2009.  David Disney and Adam Crockett of DIG exclusively represented the seller, CTO Realty Growth, and procured the buyer, Partners.

About CTO Realty Growth

CTO Realty Growth, Inc. (NYSE: CTO) is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded net lease REIT.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.7 billion of retail properties including approximately $1.71 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com

ODESSA, TEXAS — Dallas-based brokerage firm Disney Investment Group has arranged the sale of Chimney Rock, a 294,431-square-foot retail power center located in the West Texas city of Odessa. Built in 2012 and expanded in 2016, Chimney Rock was 93 percent leased at the time of sale to tenants such as Academy Sports + Outdoors, Best Buy, Marshalls, Ulta Beauty, Petco, Northern Tool + Equipment, Mattress Firm, Kirkland’s and Longhorn Steakhouse. David Disney and Adam Crockett of Disney Investment Group represented the undisclosed seller and procured the buyer, Houston-based investment firm Fidelis, in the transaction.

Dallas, Texas (October 6, 2022) – Disney Investment Group (DIG) is pleased to announce it has marketed and sold an institutionally-owned shopping center in West Texas. 

Chimney Rock is a 294,431 square foot power center located in Odessa, Texas.  Chimney Rock is 93% leased and anchored by Academy Sports, Best Buy, Marshalls, Ulta, Petco, JOANN and Northern Tool.  Additional tenants include Mattress Firm, Kirkland’s, Versona, Carters, Longhorn Steakhouse and many others.  Built in 2012 and expanded in 2016, Chimney Rock is prominently located in the booming Permian Basin of the Midland-Odessa MSA, the second-fastest growing MSA in the U.S.

David Disney and Adam Crockett of DIG represented the undisclosed seller and procured the buyer, Fidelis. 

About Fidelis

Fidelis is one of Texas’ largest commercial real estate companies with a long focus on retail, and a newer focus on healthcare and multifamily. With a consistent and aggressive development, redevelopment, and acquisition program, Fidelis has grown to approximately 16 million square feet with over 60 properties in Texas, New Mexico, Louisiana, Tennessee, South Dakota, and Colorado. Headquartered in Houston, Fidelis also has operating offices in Dallas, Texas, and Santa Fe, New Mexico.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.7 billion of retail properties including approximately $1.67 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com

GEORGETOWN, TEXAS — Dallas-based brokerage firm Disney Investment Group (DIG) has negotiated the sale of Republic Square, a 113,772-square-foot shopping center located in the northern Austin suburb of Georgetown. At the time of sale, the center was roughly 93 percent leased to a roster of 31 tenants that includes Dollar Tree, Harbor Freight, Starbucks, Chipotle Mexican Grill and Pizza Hut. David Disney and Adam Crockett of DIG represented the seller, Dallas-based LRIC Properties, in the transaction and procured a California-based private partnership as the buyer.

Disney Investment Group (DIG) brokered the sale of Republic Square in Austin. The 113,772 square foot shopping center is located at the northeast corner of Interstate 35 and Williams Drive in Georgetown. The center is 92.8% leased with tenants that include Dollar Tree, Harbor Freight, Starbucks, Chipotle, Pizza Hut and others.

Besides representing the seller, DIG also found the buyer, a California-based partnership that included investors in a 1031 exchange.

Dallas, Texas (July 21, 2022) – Disney Investment Group (DIG) is pleased to announce it has brokered the sale of Republic Square in the Austin, Texas MSA. Republic Square is a 113,772 square shopping center located at the northeast corner of Interstate 35 and Williams Drive in Georgetown, Texas. Republic Square is 92.8% leased with 31 existing tenants including Dollar Tree, Harbor Freight, Starbucks, Chipotle, F-45, Pizza Hut and many others.  David Disney and Adam Crockett of DIG exclusively marketed the property and represented the seller, Dallas-based LRIC Properties.  DIG also sourced the buyer, a California-based private partnership that included investors in a 1031 trade. 

About LRIC

LRIC Properties was formed in early 2014 by real estate veterans Steve Lipscomb and Tabb Neblett to focus on the development, redevelopment and investment in retail properties throughout Texas, the southwest and south. The principals have over 70 years of real estate investment experience. LRIC is capitalized by five seasoned investors and invests as both GP and LP on transactions.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.6 billion of retail properties including $1.6 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

MCKINNEY, TEXAS — Locally based brokerage firm Disney Investment Group (DIG) has arranged the sale of Lake Forest Marketplace, a 37,500-square-foot shopping center in the northern Dallas suburb of McKinney. The property was built in 2019. At the time of sale, Lake Forest Marketplace was fully leased to 14 tenants, including Pet Supplies Plus, MOD Pizza, Athletico, Floyds 99 Barbershop, Jersey Mike’s Subs and The UPS Store. David Disney and Adam Crockett of DIG represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

Lake Forest Marketplace, a shopping center at the southwest corner of US 380 and Lake Forest Drive, is under new ownership. Disney Investment Group announced in a March 7 news release that it had brokered the sale of the 37,500-square-foot shopping center to a private buyer. David Disney and Adam Crockett of Disney Investment Group represented the seller.

Lake Forest Marketplace was built in 2019 and is anchored by Kroger Marketplace. The shopping center is fully leased with tenants including Anamia’s Tex Mex, Jersey Mike’s Subs, UPS Store and more. Disney said none of the tenants will change as a result of the sale. 214-206-3020. www.disneyig.com

Dallas, Texas (March 7, 2022) – Disney Investment Group (DIG) announced today it has brokered the sale of Lake Forest Marketplace in McKinney, Texas. Lake Forest Marketplace is a 37,500 square foot shopping center located at the southwest corner of Hwy. 380 and Lake Forest Drive.  Built in 2019 and shadow anchored by Kroger Marketplace, Lake Forest Marketplace is 100% leased with 14 existing tenants including Pet Supplies Plus, Mod Pizza, Athletico, Floyds 99 Barbershop, Jersey Mike’s Subs, UPS Store, Aqua Tots, Anamia’s Tex Mex, among others.  David Disney and Adam Crockett of DIG exclusively represented the seller and procured the private buyer.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.6 billion of retail properties. In the last 90 days, DIG has sold 8 shopping centers totaling over 715,000 square feet with a value of approximately $170 million.  For more information on DIG, please visit disneyig.com.

LEWISVILLE, TEXAS — Locally based brokerage firm Disney Investment Group (DIG) has negotiated the sale of Lewisville West, a 129,129-square-foot shopping center located on the northern outskirts of Dallas. Anchored by El Rancho Supermercado, the center was 79 percent leased at the time of sale to tenants such as Liquor Den, Jefferson Dental, Verizon, Cricket Wireless and Starbucks. David Disney and Adam Crockett of DIG represented the undisclosed seller and procured the buyer, Chicago-based Newport Capital Partners, in the transaction.

MCKINNEY, TEXAS — Locally based brokerage firm Disney Investment Group (DIG) has arranged the sale of Craig Crossing, a 128,394-square-foot shopping center in the northern Dallas suburb of McKinney. Anchored by Club 4 Fitness, Boot Barn and Chair King, Craig Crossing was 90 percent leased at the time of sale. Other tenants include Half Price Books, Sport Clips, Fuzzy’s Taco Shop, AT&T Wireless and America’s Best Eyeglasses. David Disney and Adam Crockett of DIG represented the seller, Dallas-based Centcom Realty Corp., and procured the buyer, ALTO Real Estate Funds, in the transaction.

Disney Investment Group brokered the sale of Sylvan Thirty, a 47K SF mixed-use, grocery-anchored shopping center at the northeast corner of Interstate 30 and Sylvan Avenue in Dallas. David Disney and Adam Crockett of DIG represented the seller, an affiliate of Oaxaca Interests, and procured the buyer, an affiliate of Crow Holdings Capital.

Disney Investment Group brokered the sale of Craig Crossing, a more than 128K SF shopping center at the southwest corner of Central Expressway and Eldorado Parkway in McKinney. David Disney and Adam Crockett of DIG represented the private seller and procured the buyer, ALTO Real Estate Funds.

Disney Investment Group brokered the sale of Lewisville West, a more than 129K SF grocery-anchored shopping center at the northwest corner of Interstate 35E and Fox Avenue in Lewisville. David Disney and Adam Crockett of DIG represented the private seller and procured the buyer, Newport Capital Partners.

Dallas-based Disney Investment Group (DIG) has brokered the sale of two shopping centers in North Texas.

Craig Crossing in McKinney and Lewisville West shopping centers both sold this week in deals arranged by DIG. The two shopping center sales come on the heels of DIG's involvement with the marketing and brokering of Sylvan Thirty.

Craig Crossing, at the corner of Central Expressway and Eldorado Parkway, sold to Dallas-based Alto Real Estate Funds. The shopping center is 90% occupied with 13 tenants across more than 128,000 square feet. Tenants include Boot Barn, Half Price Books and Fuzzy's Taco Shop.

Lewisville West sits at the corner of Interstate 35 and Fox Ave. The shopping center is anchored by El Rancho Supermercado and has 22 other tenants. The property is 79% occupied and includes a Starbucks and Jefferson Dental. The more than 129,000-square-foot center was sold to Chicago-based Newport Capital Partners.

Terms of the deals were not disclosed. Principal David Disney and Vice President Adam Crockett brokered both deals.

Recently, DIG exclusively marketed and brokered the sale of the retail in West Dallas' Sylvan Thirty, a 47,000 square foot shopping center that includes tenants such as JuiceLand, Houndstooth Coffee, Tacodeli and Coopers Meat Market. The property was purchased by a real estate fund advised by Crow Holdings Capital.

Dallas, Texas (January 26,2022) – Disney Investment Group (DIG) announced today it has brokered the sale of Craig Crossing in the Dallas-Fort Worth metroplex. Craig Crossing is a 128,394 square shopping center located at the southwest corner of Central Expressway and Eldorado Parkway in McKinney, Texas.  Craig Crossing is currently 90% occupied with 13 existing tenants and anchored by Club 4 Fitness, Boot Barn and Chair King. Other tenants include Half Price Books, Sport Clips, Fuzzy’s Taco Shop, AT&T Wireless, and America’s Best Eyeglasses among others.  David Disney and Adam Crockett of DIG represented the private seller and procured the buyer, ALTO Real Estate Funds.

About ALTO Real Estate Funds

ALTO Real Estate Funds is a series of closed-end investment funds specializing in value-add commercial properties in the U.S. with a focus on retail and logistics.  Established in 2010, ALTO is managed from Dallas, Texas with regional offices in Miami Florida Columbus, Ohio and Tel Aviv. ALTO's mission is to create alternative equity investment opportunities that provide stable cash flow combined with low-risk value-add strategies that yield attractive investment performance.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.6 billion of retail properties including approximately $1.56 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

Dallas, Texas (January 25,2022) – Disney Investment Group (DIG) announced today it has brokered the sale of Lewisville West shopping center in the Dallas-Fort Worth metroplex. Lewisville West is a 129,129 square foot grocery-anchored shopping center located at the northwest corner of Interstate 35E and Fox Avenue in Lewisville, Texas.  At closing, Lewisville West was 79% occupied with 23 existing tenants and anchored by a high-performing El Rancho Supermercado. Other tenants include Liquor Den, Jefferson Dental, Verizon, Cricket Wireless, Starbucks and many others.  David Disney and Adam Crockett of DIG represented the private seller and procured the buyer, Newport Capital Partners.

About Newport Capital Partners

Newport Capital Partners is an employee-owned, Chicago-based, boutique real estate investment management firm. Formed in 2004, Newport seeks to provide outsized investment returns through cash flow and increasing revenue at the property level. Newport's proven strategy in neighborhood retail properties is evident across its 15+ year history.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.6 billion of retail properties including approximately $1.56 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

Dallas, Texas (January 24,2022) – Disney Investment Group (DIG) announced today it has brokered the sale of Sylvan Thirty in Dallas, Texas. Sylvan Thirty is a 47,038 square foot mixed-use, grocery-anchored shopping center located at the northeast corner of Interstate 30 and Sylvan Avenue in West Dallas, just two miles from Downtown Dallas.  Sylvan Thirty is currently 89% occupied with 17 existing tenants including AT&T, Juiceland, Tacodeli, Houndstooth Coffee, Cox Farms Market, Origin Bank, Sylvan Avenue Tavern and many others.  The property is surrounded by strong average household incomes exceeding $123,000 with a dense and growing population of more than 150,000 residents within a 3-mile radius.  David Disney and Adam Crockett of DIG exclusively represented the seller, an affiliate of Oaxaca Interests and procured the buyer, an affiliate of Crow Holdings Capital.

About Crow Holdings Capital

Crow Holdings Capital targets property sectors with traditionally strong, stable cash flows and those benefiting from secular forces such as demographics and e-commerce. Focus property types include Multifamily, Retail and Industrial. Crow Holdings Capital also seeks to bring institutional ownership to fragmented, niche asset classes with growing demand and reduced correlation to market cycles including Self-Storage, Student Housing, Manufactured Housing and Convenience & Gas. Crow Holdings Capital focuses on opportunities that are accessed in the market by our long-tenured acquisition and asset management professionals. Crow Holdings Capital has more than $13 billion of total regulatory assets under management with more than 750 total investments.  

About Oaxaca Interests

Oaxaca Interests, LLC is a Dallas-based real estate operator, developer, and investment firm. Oaxaca is a privately funded company acting as fund manager for several real estate funds. Oaxaca’s focus has been and continues to be on the Urban Core of key high-growth Texas markets (Dallas, Ft. Worth, and San Antonio). Its goal is to improve the surrounding area and positively contribute to each community.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.6 billion of retail properties including approximately $1.56 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.
 

A real estate fund advised by Crow Holdings Capital recently snapped up West Dallas' Sylvan Thirty retail center.

Located right off I-30, the eight-building development spans 47,000 square feet and includes tenants such as JuiceLand, Houndstooth Coffee, Tacodeli and Coopers Meat Market.

The acquisition by the CHC-advised real estate fund did not include the multifamily assets at the development – but that doesn't mean there wasn't also a recent transaction for those more than 200 units at the Lofts at Sylvan Thirty.

Investor Polaris, which is no stranger to the Dallas market, acquired the multifamily side of the development from Arc Capital Partners, based in Los Angeles. Arc purchased the loft- and studio-style apartments in 2017. Polaris' escrow only closed on Tuesday of this week.

On the retail side, Disney Investment Group exclusively marketed and brokered the sale of Sylvan Thirty.

Sylvan Thirty first opened in 2014. It was a mixed-use project multiple years in the making from real estate investment and development firm Oaxaca Interests.

The vision behind the project has been to create a walkable, community-oriented development for the neighborhood. Accordingly, Oaxaca has continued to develop other properties in the area, such as 660 Fort Worth Avenue.

Brent Jackson, Oaxaca's president, has long been the sole managing member of the ownership group behind the mixed-use development at the corner of Sylvan and Fort Worth avenues near the Belmont Hotel. During the height of the Covid pandemic, Oaxaca offered tenants a lifeline in an attempt to buoy its restaurants — free base rent for three months.

Dallas, Texas (January 5, 2022) – Disney Investment Group (DIG) announced today it has brokered the sale of Plaza at Cottonwood in Albuquerque, New Mexico. Plaza at Cottonwood is an 84,322 square foot shopping center with 11 tenants including Staples, Petsmart, Party City, Men’s Wearhouse and Lane Bryant.   Plaza at Cottonwood is 85% leased and shadow anchored by Walmart Supercenter and Home Depot.  Plaza at Cottonwood is positioned directly across from Cottonwood Mall, the largest enclosed mall in New Mexico.  David Disney and Adam Crockett of DIG represented the seller and procured the buyer, Fidelis.

About Fidelis

Fidelis is one of Texas’ largest commercial real estate companies with a long focus on retail, and a newer focus on healthcare and multifamily. With a consistent and aggressive development, redevelopment, and acquisition program, Fidelis has grown to approximately 16 million square feet with over 60 properties in Texas, New Mexico, Louisiana, Tennessee, South Dakota, and Colorado. Headquartered in Houston, Fidelis also has operating offices in Dallas, Texas, and Santa Fe, New Mexico.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.5 billion of retail properties including approximately $1.44 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com

Valley Ranch Centre is a 111,211-square-foot neighborhood shopping center located on 11.62 acres at the southeast corner of MacArthur Boulevard and Beltline Road in Coppell, TX. The asset recently sold to PMAT for an undisclosed purchase price.

Built in 1989, Valley Ranch Centre is currently 74.6 percent leased, anchored by Club 4 Fitness and Dollar Tree with 16 tenants occupying the center. Valley Ranch Centre is positioned less than 2 miles from Cypress Waters, a $3.5 billion master-planned mixed-use community exceeding 1,000 acres.

David Disney and Adam Crockett of Disney Investment Group exclusively represented the seller and procured the out-of-state buyer.

Coppell, Texas — Disney Investment Group (DIG) has arranged the sale of Valley Ranch Centre, a 111,211-square-foot retail property in Coppell, located in the northern-central part of the metroplex. Anchored by Club 4 Fitness and Dollar Tree, Valley Ranch Centre was built on 11.6 acres in 1989 and was roughly 75 percent leased at the time of sale. David Disney and Adam Crockett of DIG exclusively represented the undisclosed seller and procured the out-of-state buyer in the transaction.

Dallas, Texas (December 16, 2021) – Disney Investment Group (DIG) announced today it has brokered the sale of Valley Ranch Centre in the Dallas/Ft. Worth market. Valley Ranch Centre is a 111,211 square foot neighborhood shopping center located on 11.62 acres at the southeast corner of MacArthur Blvd. and Beltline Rd. in Coppell, Texas. Built in 1989, Valley Ranch Centre is currently 74.6% leased and anchored by Club 4 Fitness and Dollar Tree with 16 tenants occupying the center.  Valley Ranch Centre is positioned less than two miles from Cypress Waters, a thriving $3.5 billion master planned mixed-use community exceeding 1,000 acres.  David Disney and Adam Crockett of DIG exclusively represented the seller and procured the out-of-state buyer, PMAT.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.5 billion of retail properties including approximately $1.44 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

Austin, Texas — Whitestone REIT has acquired 89,746 square feet of inline retail space at Anderson Arbor in northwest Austin. The retail space was built in three phases beginning in 2003 and is part of a larger 268,000-square-foot development. The inline space acquired by Whitestone was 91 percent leased at the time of sale to tenants such as Bank of America, Kerbey Lane Café, Austin Emergency Center, SalonRepublic, Great Clips, GNC, The Melting Pot and Double Dave’s Pizzaworks. Whitestone also has the option to purchase an additional undeveloped parcel and an existing multi-tenant pad site at Anderson Arbor. If exercised, these options would boost Whitestone’s owned square footage within the development to approximately 100,000 square feet. David Disney and Adam Crockett of Disney Investment Group represented the undisclosed seller in the transaction and procured Whitestone REIT as the buyer.

Dallas, Texas (December 8, 2021) – Disney Investment Group (DIG) announced today it has brokered the sale of Anderson Arbor shopping center in Austin, Texas. Anderson Arbor is an 89,746 square foot center built in three phases beginning in 2003 and is part of a larger 268,000 square foot retail development. With more than 2,500 feet of frontage along Hwy. 183 in Northwest Austin, Anderson Arbor is 91% leased and shadow anchored by Main Event Entertainment, Gold’s Gym, Walgreens and several other national tenants. Anderson Arbor is positioned minutes away from a fast-growing business district that is home to high-tech companies including Apple, eBay, Oracle, PayPal, Samsung, 3M, Polycom and many others.  David Disney and Adam Crockett of DIG exclusively represented the seller and procured the buyer, Whitestone REIT.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.5 billion of retail properties including approximately $1.44 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

A joint venture between The J. Beard Real Estate Company and Outlier Capital acquired The Tomball Town Center, a 141,450 SF retail center north of Houston.

The Kroger anchored property, a well-established shopping center is located at 14320 FM 2920 with frontage on all three major retail corridors in Tomball.

The two sellers, Inventrust Properties Corp. and a real estate fund advised by Crow Holdings Capital, were both represented by David Disney and Adam Crockett with Disney Investment Group.

Debt for the purchase was provided by Morgan Stanley, represented by John Fenoglio, executive vice president with CBRE Capital Markets in Houston. (Prior to joining CBRE, Fenoglio was a co-founder and CEO with Holliday Fenoglio Fowler, once the nation’s largest commercial mortgage banking firm.)

The Tomball Town Center was built in 2004 on 14.13 acres.  It is situated between both hard corners of Tomball Parkway and SH 249 along FM 2920 and is currently 98 percent occupied with over 85 percent of the center being regional and national credit tenants.

The purchasing joint venture is called SJBC Commercial XXI. The J. Beard Real Estate Company, LP, headquartered in The Woodlands, is led by Jeff Beard.

The Tomball area is seeing a lot of residential growth.

For example, the Hines s developing  a 110-acre community in suburban Tomball where Taylor Morrison home builders will construct 391 homes. The new community is called Raburn Reserve. Located about 30 miles northwest of Houston, the new community is located north of the Grand Parkway near Highway 249.

TOMBALL, TEXAS — A joint venture between locally based full-service real estate firm The J. Beard Real Estate Co. and Outlier Capital LLC has purchased Tomball Town Center, a 141,450-square-foot shopping center located in the northern outskirts of Houston. Kroger anchors the center, which was built on 14.1 acres in 2004. David Disney and Adam Crockett with Dallas-based Disney Investment Group represented the sellers, Illinois-based shopping center REIT InvenTrust Properties and a fund advised by Crow Holdings Capital, in the transaction. Morgan Stanley provided acquisition financing. Tomball Town Center was 98 percent leased at the time of sale.

SJBC Commercial XXI, LLC recently assembled and purchased the prominent Kroger anchored Tomball Town Center, a well-established shopping center located at 14320 FM 2920 with frontage on all three major retail corridors in Tomball, Texas. The buyer was a Joint Venture between The J. Beard Real Estate Company and Outlier Capital, LLC. The two sellers, Inventrust Properties Corp. and a real estate fund advised by Crow Holdings Capital, were both represented by David Disney and Adam Crockett with Disney Investment Group. Debt for the purchase was provided by Morgan Stanley, represented by John Fenoglio with CBRE.

The Tomball Town Center totals 141,450 square feet of retail space and was built in 2004 on 14.13 acres.  It is situated between both hard corners of Tomball Parkway and SH 249 along FM 2920 and is currently 98% occupied with over 85% of the center being regional and national credit tenants.

The J. Beard Real Estate Company, LP, headquartered in The Woodlands, Texas, is one of the largest full-service commercial real estate firms in the Greater Houston area. Services offered encompass leasing, brokerage, property sales & disposition, buyer & site acquisition, landlord/tenant representation services, commercial property management, and development & consulting services. To learn more about The J. Beard Real Estate Company, visit www.jbeardcompany.com

Dallas, Texas – Disney Investment Group (DIG) announced today it has brokered the sale of Hickory Creek Plaza in Denton, TX and Towne North in Irving, TX for $37.2 million.

Hickory Creek Plaza is a 28,134 square foot retail center shadow-anchored by a Kroger Signature store. Two bank outparcels ground leased to Chase Bank and Wells Fargo were included in the sale. David Disney and Adam Crocket of DIG represented Regency Centers on the sale and the property was purchased by a private REIT.

Towne North is a 124,289 square foot shopping center anchored by El Rancho Supermercado and is currently 97% leased. Towne North is located at the southwest corner of Beltline Rd. and Northgate Rd. approximately one mile north of Irving Mall. Last year, the shopping center was renovated and repositioned to benefit from the increasing Hispanic population growth surrounding the property. David Disney and Adam Crockett of DIG handled the sale on behalf of an entity controlled by Nayeb Group and the buyer was an out-of-state private equity firm.

In 2019, DIG sold Towne North to Nayeb Group on behalf of an affiliate of Dallas-based HSM Equities.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.4 billion of retail properties including approximately $1.33 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

Dallas, Texas – Disney Investment Group (DIG) announced today it has brokered the sale of Towne North shopping center in Irving, TX. Towne North is a 124,289 square foot shopping center anchored by El Rancho Supermercado and is currently 97% leased.  Towne North is located at the southwest corner of Beltline Rd. and Northgate Rd. approximately one mile north of Irving Mall.  Last year, the shopping center was renovated and repositioned to benefit from the increasing Hispanic population growth surrounding the property.  David Disney and Adam Crockett of DIG handled the sale on behalf of an entity controlled by Nayeb Group and the buyer was an out-of-state private equity firm. 

In 2019, DIG sold Towne North to Nayeb Group on behalf of an affiliate of Dallas-based HSM Equities.  Previously, Tom Thumb anchored the center for more than 20 years before converting the grocery store to El Rancho which is partly owned by Albertson’s Companies.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.4 billion of retail properties including approximately $1.33 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

QuikTrip Corp. struck a deal with a private Midwest buyer to sell two of its NNN-leased Central Texas convenience stores, one in San Antonio and one in Cedar Park. The assets’ sales price was not disclosed, nor was the seller, due to confidentiality issues.

David Disney and Adam Crocket with Disney Investment Group co-brokered the transactions with Matthews Real Estate and Secure Net Lease.

Both stores recently opened. In San Antonio, the store is situated on 1.3 acres at 310 San Pedro Ave. The property had an asking price of $6.4 million, at a 5.5% cap rate. The other store is located at 1911 N. Bell Blvd. in the north Austin suburb. A little more than 14 years remain on the leases at both locations.

Tulsa, Okla. — Disney Investment Group has brokered the sale of Memorial Crossing, a 70,376-square-foot shopping center in Tulsa. Anchored by HomeGoods, Petsmart and ULTA Beauty and shadow-anchored by Costco, the center was 97 percent leased at the time of sale. Disney Investment Group represented the seller, Dallas-based Leon Capital Group, in the transaction, and procured the undisclosed buyer.

Dallas, Texas (October 9, 2019) – Disney Investment Group (DIG) announced today it has brokered the sale of Memorial Crossing shopping center in Tulsa, Oklahoma and two (2) QuikTrip convenience stores in San Antonio, Texas and Cedar Park, Texas. 

Memorial Crossing is a 70,376 square foot shopping center anchored by HomeGoods, Petsmart and Ulta.  The center is 97% leased and shadow-anchored by the only Costco store in the city of Tulsa.  Memorial Crossing is located at the southwest corner of Memorial Drive and 101^st Street in the affluent Southeast Tulsa submarket.   DIG represented the seller, Dallas-based Leon Capital Group, on the transaction and also procured the private buyer.    

On behalf of a longtime client, DIG also brokered the sale/leaseback acquisitions of two (2) brand new QuikTrip stores located in downtown San Antonio and Cedar Park.  DIG co-brokered the respective QuikTrip transactions with Matthews Real Estate and Secure Net Lease.

David Disney and Adam Crockett of DIG handled the transactions.

About Disney Investment Group
Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.4 billion of retail properties including approximately $1.3 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

ShopCore Properties sold Bird Creek Crossing, a 129,941-square-foot retail power center in Temple, TX. The San Diego seller sold the property at 3550 S. General Spruce Dr. to a 1031 Exchange buyer operating under the entity name of Bird Creek Crossing LLC. David Disney and Adam Crockett with Disney Investment Group represented ShopCore in the transaction, and found the buyer.

The Central Texas property is shadow-anchored by Target and Home Depot, and is 98% occupied with anchor tenants consisting of Best Buy, Michaels, PetSmart and Specs Wines & Spirits. Other tenants include Mattress Firm, Chipotle, Men’s Wearhouse and T-Mobile.

Bird Creek Crossing opened in 2007; ShopCore has owned it since 2016.

Temple, Texas — Dallas-based Disney Investment Group (DIG) has brokered the sale of Bird Creek Crossing, a 129,941-square-foot retail power center located in the Central Texas city of Temple. Built in 2007 and shadow-anchored by Target and Home Depot, the property was 98 percent leased at the time of sale to tenants such as Best Buy, Michaels, PetSmart and SPEC’s Wine & Spirits. David Disney and Adam Crockett of DIG represented the undisclosed seller and procured the private 1031 exchange buyer.

DALLAS, Texas (September 10, 2019) – Disney Investment Group (DIG) is pleased to announce it has successfully marketed and sold an institutionally-owned power center located in Central Texas approximately 45 minutes north of Austin. 

Bird Creek Crossing is a 129,941 square foot power center located in Temple, Texas.  Shadow-anchored by Target and Home Depot, Bird Creek Crossing is currently 98% leased and anchored by Best Buy, Michaels, PetSmart, and SPEC’s Wines & Spirits.  Additional tenants include Mattress Firm, Chipotle, Men’s Wearhouse, T-mobile and many others.  Built in 2007, Bird Creek Crossing is located at the northeast corner of Interstate 35 and Hwy. 363 (HK Dodgen Loop) in Temple which is part of the Temple-Killeen-Ft. Hood MSA.   David Disney and Adam Crockett of DIG represented the undisclosed seller and also procured the private 1031 exchange buyer. 

About Disney Investment Group
Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.4 billion of retail properties including approximately $1.3 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

Dallas, Texas (August 6, 2019) – Disney Investment Group (DIG) announced today it has brokered the sale of five (5) retail centers in five different cities in Missouri and Iowa.  The retail portfolio consists of 438,861 square feet with an average occupancy of 91% and includes three grocery-anchored centers.  Major tenants for the retail properties include ALDI , Gerbes (a subsidiary of Kroger Co.), County Market, Orscheln, Fresenius Medical, Dollar Tree and Dollar General.  Below is a list of the assets sold:

David Disney and Adam Crockett of DIG brokered the sales on behalf of a private investment partnership and also procured the buyers for each property.

About Disney Investment Group
Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.3 billion of retail properties including approximately $1.25 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

IRVING, TX—The DFW economy had another strong quarter, marked by more payroll expansion in both sides of the metro. Unemployment dropped to 3%, the lowest level recorded in DFW since 1999, according to a second quarter retail report by CBRE.

DFW gained approximately 132,000 new residents from 2017 to 2018, more than any other US metro area, according to new data from the US Census Bureau. A strong business environment along with affordable housing and good public schools has contributed to DFW’s population boom, helping it become the fourth most populous US metro area and home to more than 7.5 million people.

With this increasing population explosion, investors continue to flock to the metro, with the Towne North shopping center in Irving being the latest example. The center recently sold for $17 million.

Towne North is 124,000 square feet and 84% leased. It is anchored by a 55,000-square-foot El Rancho Supermarket, which is opening next month after rebranding from Tom Thumb. Towne North is at the southwest corner of Beltline Road and Northgate Road, one mile north of Irving Mall.

Disney Investment Group’s David Disney and Adam Crockett brokered the sale on behalf of an entity controlled by HSM Equities. Disney and Crockett also found the private buyer who purchased the site.

“Towne North was originally built in the mid-1980s to serve the southern Irving market, and Tom Thumb successfully anchored the center for more than 20 years,” Disney tells GlobeSt.com. “The Hispanic population has grown significantly around Towne North and with Kroger located across the street, Tom Thumb finally decided to convert its store to El Rancho Supermarket which opens next month. With El Rancho, the new owner will have an opportunity to expand tenancy and lease the balance of the center to accommodate the needs of the growing Hispanic population.”

Retail fundamentals remained strong in second quarter, with occupancy reaching a record high of 94.7%. Construction and absorption also saw slight increases this quarter, showing signs of strength mid-year, according to a retail report by CBRE.  

https://www.globest.com/2019/07/25/with-population-showing-no-signs-of-easing-retail-maintains-its-strength/?kw=With%20Population%20Showing%20No%20Signs%20of%20Easing%2C%20Retail%20Maintains%20its%20Strength&utm_source=email&utm_medium=enl&utm_campaign=texasalert&utm_content=20190726&utm_term=rem

Disney Investment Group arranged the sale of Towne North shopping center in Irving for $17M. Towne North is 124K SF and 84% leased. It is anchored by a 55K SF El Rancho Supermarket, which is opening next month after rebranding from Tom Thumb.  

Towne North is at the southwest corner of Beltline Road and Northgate Road, one mile north of Irving Mall.  

DIG’s David Disney and Adam Crockett brokered the sale on behalf of an entity controlled by HSM Equities. Disney and Crockett also found the private buyer who purchased the site.

Read more at: https://www.bisnow.com/dallas-ft-worth/news/office/this-weeks-dallas-fort-worth-deal-sheet-99987?utm_source=outbound_pub_15&utm_campaign=outbound_issue_30764&utm_content=outbound_link_2&utm_medium=email?utm_source=CopyShare&utm_medium=Browser

Irving, Texas — Dallas-based Disney Investment Group has arranged the $17 million sale of Towne North, a 124,289-square-foot shopping center in Irving. Anchored by El Rancho Supermarket, the property was 84 percent leased at the time of sale. David Disney and Adam Crockett of Disney Investment Group represented the seller, an entity controlled by HSM Equities, and procured the undisclosed buyer.

To read more:  https://shoppingcenterbusiness.com/disney-investment-group-arranges-17-million-sale-of-towne-north/

IRVING, TEXAS — Dallas-based Disney Investment Group has arranged the $17 million sale of Towne North, a 124,289-square-foot shopping center in Irving. Anchored by El Rancho Supermarket, the property was 84 percent leased at the time of sale. David Disney and Adam Crockett of Disney Investment Group represented the seller, an entity controlled by HSM Equities, and procured the undisclosed buyer.

To read more:  https://rebusinessonline.com/disney-investment-group-arranges-17m-sale-of-irving-shopping-center/

FOR IMMEDIATE RELEASE:  Dallas, Texas (July 17, 2019) – Disney Investment Group (DIG) announced today it has brokered the sale of Towne North shopping center in Irving, TX for $17 million.  Towne North is an 84% leased, 124,289 square foot shopping center anchored by a new El Rancho Supermarket (formerly Tom Thumb) with El Rancho planning to open its new 55,000 square foot store next month.  Towne North is located at the southwest corner of Beltline Rd. and Northgate Rd. approximately one mile north of Irving Mall.   

David Disney and Adam Crockett of DIG brokered the sale on behalf of an entity controlled by HSM Equities and procured the private buyer.

About Disney Investment Group
Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.3 billion of retail properties including approximately $1.25 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

About Henry S. Miller Equity Partners, Inc.
HSM Equity Partners, Inc. offers investment opportunities to high net worth individuals, private trusts, endowment funds, pension funds, insurance companies and private investor groups interested in being investment partners with the Henry S. Miller Company and its affiliates.  

A shopping center at the center of the Southlake's Retail District was recently sold to a private exchange buyer.

Dallas-based Disney Investment Group brokered the sale of the 126,654-square-foot Kimball Oaks, located at the southwest corner of Kimball Ave. and Southlake Blvd. Strode Property Company was the previous owner.

The shopping center was 97% leased at the time of sale. A PGA Tour Superstore anchors the community retail center. There is also a Marshalls, a Tuesday Morning and a Bassett Furniture among other retailers and restaurants.

The businesses at the center have a weighted average remaining lease term of 12.2 years.

According to Disney, the sale closed within 32 days from the time when the professional services contract was signed, which is "significant since larger shopping center deals like Kimball Oaks rarely ever close this quickly.”

The shopping center is one of two shopping centers and a single-tenant retail properties Disney sold recently that totals more than $110 million.

Kimball Oaks is situated less than one mile away from Southlake Town Square, which was also sold by Disney about 15 years ago.

http://www.fortworthbusiness.com/news/briefs/shopping-center-in-southlake-sold/article_50b4ceb2-a1ce-11e9-abc9-43eb46a725bf.html

InvenTrust Properties Corp., based in Chicago, sold its last Oklahoma City property, Rockwell Plaza, in June for $20.5 million to Atlanta-based RCG Ventures, Parrack said. InVenTrust, formerly Inland Real Estate Acquisitions, paid $31 million for Rockwell Plaza in late 2012.

“InvenTrust at one time owned five large power centers here,” Parrack said. “These institutional investors exiting the market are driven by a combination of factors, including the lifecycle of the investment necessitating a return of funds to investors but also, a desire by institutions to exit secondary markets and return to their core markets.”

Capitalization rates on the sales have been risen — reflecting lower value — “due to the lack of institutional investors and uncertainty in the retail market,” he said. “Institutional investors will come back when retail stabilizes, but for now, prices have come down and opened the door for more local and regional buyers.”

https://oklahoman.com/article/5635400/dallas-investors-buy-big-retail-power-center-in-norman-oklahoma

Strode Property Co. shook hands with a private exchange buyer on the sale of Kimball Oaks, a 126,654-square-foot retail center in the Fort Worth suburb of Southlake, TX. The community center, anchored by PGA Tour Superstore, Marshall’s, Tuesday Morning and Bassett Furniture, was 97% occupied at the time of sale.

David Disney and Adam Crockett with Disney Investment Group represented the seller, and found the buyer for the transaction. Situated on 15 acres at FM 1709 and Kimball Ave., Kimball Oaks opened in 2014. Disney said that the property is less than a mile away from the 1.5-million-square-foot Southlake Town Square, one of the largest open-air/mixed use centers in the southern U.S.

https://www.connect.media/strode-property-unloads-127k-sf-kimball-oaks/

SOUTHLAKE, TX—Two shopping centers totaling 544,170 square feet have sold in Texas and Oklahoma along with the sale of a single-tenant Walmart Supercenter in Wisconsin, all totaling more than $110 million. David Disney and Adam Crockett of Disney Investment Group handled the sales transactions and also procured the buyers for each property.

In Southlake (a suburb of Dallas/Fort Worth), Disney Investment Group represented Strode Property Company on the sale of Kimball Oaks, a 126,654-square-foot community retail center anchored by PGA Tour Superstore, Marshalls, Tuesday Morning and Bassett Furniture. Kimball Oaks was 97% leased at the time of sale and the center was acquired by a private exchange buyer.

“This deal closed in only 32 days from the time it went under contract to closing. Given that the buyer was a 1031 exchange buyer, this is significant since larger shopping center deals like Kimball Oaks rarely ever close this quickly,” Disney tells GlobeSt.com. “Kimball Oaks is a high-profile community center located in one the most affluent submarkets in Texas with average household incomes of $300,000 surrounding the shopping center. It is situated along the Southlake retail district and sits less than one mile from Southlake Town Square, one of the largest and most successful mixed-use/open-air shopping centers in the southern US.”

Approximately 15 years prior to selling Kimball Oaks, Disney Investment Group also sold Southlake Town Square to Retail Properties of America (formerly Inland Western Real Estate) in 2004, GlobeSt.com learns.

In Lake Geneva, WI, Disney Investment Group represented a private seller on the sale of a freestanding Walmart Supercenter that was ground leased to Walmart Real Estate Business Trust. Lake Geneva is a resort town that is popular with Chicago and Milwaukee residents. The property was sold to a public real estate investment trust.

In Norman, OK (a suburb of Oklahoma City), Disney Investment Group represented an undisclosed ownership entity that sold University Town Center/UTC, a 417,515-square-foot power center anchored by nine national tenants including Kohl’s, Academy Sports, TJ Maxx, HomeGoods, Michaels, Ulta and DSW, and is shadow anchored by Super Target, Ashley Furniture and Crest Fresh Market. University Town Center is considered to be the largest open-air shopping center in Oklahoma with approximately 1.1 million square feet of retail space. The center was 96% leased at the time of sale and the buyer was an entity controlled by Rainier Realty Investments which partnered with CIL2 REIT LLC, managed by Continuum Holdings.

“University Town Center is a super-regional, market-dominant shopping center that serves the needs of Norman and southern Oklahoma City residents as well as nearby students and employees at the University of Oklahoma, the largest university in the state,” Disney tells GlobeSt.com. “UTC has consistently maintained high occupancy since it was built in phases from 2008 to 2012.”

https://www.globest.com/2019/06/30/market-dominance-is-common-thread-in-recent-sale/

NORMAN, OKLA. — Dallas-based Disney Investment Group has brokered the sale of University Town Center, a 417,515-square-foot retail power center in Norman. The property was 96 percent leased at the time of sale to tenants such as T.J. Maxx, HomeGoods, Academy Sports + Outdoors, Kohl’s and Michael’s. Disney represented the undisclosed seller in the transaction. The buyer was an entity controlled by Rainier Realty Investments, which partnered with CIL2 REIT LLC, managed by Continuum Holdings. Dallas-based Metropolitan Capital Advisors arranged acquisition financing for the deal.

https://rebusinessonline.com/disney-brokers-sale-of-417515-sf-retail-power-center-in-norman-oklahoma/

Norman, Okla. — Dallas-based Disney Investment Group has negotiated the sale of University Town Center, a 417,515-square-foot retail power center in Norman. The property was 99 percent leased at the time of sale to tenants such as T.J. Maxx, HomeGoods, Academy Sports + Outdoors, Kohl’s and Michael’s. Disney represented the undisclosed seller in the transaction. The buyer was an entity controlled by Rainier Realty Investments, which partnered with CIL2 REIT LLC, managed by Continuum Holdings. Dallas-based Metropolitan Capital Advisors arranged acquisition financing for the deal.

https://shoppingcenterbusiness.com/disney-negotiates-sale-of-417515-square-foot-retail-power-center-in-norman-oklahoma/

FOR IMMEDIATE RELEASE: DALLAS, Texas (June 26, 2019) – Disney Investment Group (DIG) announced today it has brokered the sale of two shopping centers totaling 544,170 square feet in Texas and Oklahoma along with the sale of a single-tenant Walmart Supercenter in Wisconsin totaling more than $110 million.

In Norman, Oklahoma (a suburb of Oklahoma City), DIG represented an undisclosed ownership entity that sold University Town Center, a 417,515 square foot power center anchored by 9 national tenants including Kohl’s, Academy Sports, TJ Maxx, HomeGoods, Michaels, Ulta and DSW among others and is shadow anchored by Super Target, Ashley Furniture, Crest Fresh Market and many other tenants. Altogether, University Town Center is considered to be the largest open-air shopping center in the state of Oklahoma with approximately 1.1 million square feet of retail space. The center was 96% leased at the time of sale and the buyer was an entity controlled by Rainier Realty Investments who partnered with CIL2 REIT LLC, managed by Continuum Holdings.

In Southlake, Texas (an affluent suburb of Dallas/Ft. Worth), DIG represented Strode Property Company on the sale of Kimball Oaks, a 126,654 square foot community center anchored by PGA Tour Superstore, Marshalls, Tuesday Morning and Bassett Furniture. Kimball Oaks was 97% leased at the time of sale and the center was acquired by a private exchange buyer.

In Lake Geneva, Wisconsin, DIG represented a private seller on the sale of a free-standing Walmart Supercenter that was ground leased to Walmart Real Estate Business Trust. Lake Geneva is a resort town that is popular with residents from Chicago and Milwaukee. The property was sold to a public real estate investment Trust.

David Disney and Adam Crockett of DIG handled the sales transactions and also procured the buyers for each property.

About Disney Investment Group
Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.3 billion of retail properties including approximately $1.25 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.

LEWISVILLE, TX—Investors’ radar continues to be laser-focused on DFW for value-add retail assets. To be sure, retail demand is also keen for Houston as a close second.

The recent $48 million acquisition of three shopping centers totaling 359,309 square feet in the Dallas/Ft. Worth and Houston markets are good examples of that demand. The buyers were unidentified.

Kimco Realty Corp. was the seller of Vista Ridge Plaza and Shops at Vista Ridge located in Lewisville with the centers having a combined GLA of 292,052 square feet and an 80% lease rate. Primary tenants include Bed Bath and Beyond, DSW, Pier 1 Imports, Burke’s Outlet, HomeZone Furniture and Half Price Books. Disney Investment Group brokered the transactions.

“Investor demand for value-add and core-plus shopping centers remains robust with the buyer pool and asset pricing continuing to change,” David Disney, principal of Disney Investment Group, tells GlobeSt.com. “The Vista Ridge centers represented a timely opportunity for the marketplace to capitalize on Babies R Us departure, which created a 42,000-square-foot vacancy during our marketing process. DFW remains high on investors’ radars and this type of opportunistic retail product with this size and scale resulted in a high level of investor interest including the out-of-state buyer of the Vista Ridge assets.”

InvenTrust Properties was the seller of Tomball Town Center, a 67,244-square-foot center shadow-anchored by a Kroger Signature store and located in Tomball, TX. Tomball Town Center was 91% leased with 25 tenants occupying the shopping center at the time of closing.

“Tomball Town Center presented a compelling opportunity for the in-state buyer to acquire a well-located shopping center shadow-anchored by a high-performing Kroger Signature store that significantly out-positions a nearby HEB store,” Disney tells GlobeSt.com. “The Tomball market benefits from strong retail fundamentals, increasing consumer demand and vigorous economic growth that continues throughout the Houston metro area.”

Disney and Adam Crockett of DIG represented both sellers and procured the private buyers for each asset. Disney Investment Group has executed the sale of more than $2.28 billion of retail properties including more than $1.1 billion of transaction volume since 2012.

Kimco owns interests in 475 shopping centers comprising 81 million square feet of leasable space primarily concentrated in the top US major metropolitan markets. InvenTrust Properties Corp. is a retail company with a focus on acquiring grocery-anchored open-air centers in key growth markets with favorable demographics. InvenTrust became a self-managed REIT in 2014 and a GRESB member in 2018. The company is an owner and manager of 81 retail properties, representing 14.2 million square feet of retail space.

DALLAS, Texas (June 28, 2018) – Disney Investment Group (DIG) announced today it has brokered the sale of three shopping centers totaling 359,309 square feet in the Dallas/Ft. Worth and Houston markets. 

Kimco Realty was the seller of Vista Ridge Plaza and Shops at Vista Ridge located in Lewisville, TX with the centers having a combined GLA of 292,052 square feet and 80% leased.   Primary tenants include Bed Bath and Beyond, DSW, Pier 1 Imports, Burke’s Outlet, HomeZone Furniture and Half Price Books.

InvenTrust Properties was the seller of Tomball Town Center, a 67,244 square foot center shadow-anchored by a Kroger Signature store and located in Tomball, Texas.  Tomball Town Center was 91% leased with 25 tenants occupying the shopping center at closing. 

David Disney and Adam Crockett of DIG represented both sellers and procured the private buyers for each asset.

About Kimco Realty Corp.

Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America's largest publicly traded owners and operators of open-air shopping centers. As of March 31, 2018, the company owned interests in 475 U.S. shopping centers comprising 81 million square feet of leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for 60 years.

About InvenTrust Properties Corp.

InvenTrust Properties Corp. is a pure-play retail company with a focus on acquiring grocery-anchored open-air centers in key growth markets with favorable demographics. InvenTrust became a self-managed REIT in 2014 and a GRESB member in 2018. As of March 31, 2018, the company is an owner and manager of 81 retail properties, representing 14.2 million square feet of retail space.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.28 billion of retail properties including more than $1.1 billion of transaction volume since 2012.  For more information on DIG, please visit disneyig.com.

Two Lewisville shopping centers have changed hands.

New Jersey-based investor Lamar Cos. has purchased the Shops at Vista Ridge and Vista Ridge Plaza retail centers, located west of Interstate 35E and near Music City Mall in Lewisville.

The shopping centers on Round Grove Road have almost 300,000 square feet of space.

Tenants in the properties include Bed, Bath and Beyond, DSW, Burke's Outlet and Pier 1 Imports.

"We were attracted to this opportunity due to the center's exceptional location and dominant position in the market, which has already been proven by the strong preliminary leasing interest received from potential retailers to date," Ralph Pugliano, Executive Vice President with Lamar, said in a statement.

Lamar made the purchase in partnership with Colorado-based real estate investor Real Capital Solutions. The properties were acquired from Kimco Realty Corp.

Dallas' Disney Investment Group brokered the sale.

The deal is Lamar's 20th acquisition with Real Capital Solutions.  Lamar owns and manages more than $200 million in retail centers across the U.S. from New Jersey to Arizona.  The company also has a shopping center in Texas in Bryan.

Lamar Companies, a New Jersey-based owner and operator of shopping malls, has acquired two retail centers off of I-35 in Lewisville.

The two properties, the Shops at Vista Ridge and Vista Ridge Plaza, sit at the corner of FM 3040 (Round Grove Road) and MacArthur Boulevard, totaling approximately 292,000 square feet. Existing tenants include Bed Bath & Beyond, DSW, Burke’s Outlet and Pier 1 Imports, and up until recently, Babies R Us.

The shopping centers are located less than 10 miles from the Dallas Fort Worth International Airport and 20 miles north of downtown Dallas. The acquisition was made in conjunction with Real Capital Solutions, a Colorado-based real estate investment firm. Dallas-based Disney Investment Group handled the transaction.

“We are excited to have acquired two historically well-leased centers in the continuously growing suburbs north of Dallas,” Kyle Hayes, director at Lamar Companies, said in a press release. “Based on initial leasing interest, we expect to improve the centers’ overall occupancy, which will quickly solidify the centers as some of the most dominant in the market.”

Lamar Companies owns and manages over $200 million in assets, having been named one of the “Top 100 Owners” of retail shopping centers in the United States by Retail Traffic magazine. In May, the company acquired Promenade at Casa Grande in Arizona, a major shopping center totaling over 1 million square feet, also in conjunction with Real Capital Solutions.

A Texas-based investor purchased two shopping centers in metro Dallas — the 42,650-square-foot, Kroger-anchored McDermott Towne Crossing, in Allen, and the 14,480-square-foot Carrollton (Texas) Retail Center — for a combined $17.1 million. Disney Investment Group represented the seller, Los Angeles–based Westwood Financial Corp.

Disney Investment Group (DIG) has brokered the sale of two shopping centers totaling 57,135 square feet in metro Dallas for a combined $17.1 million. The sold assets include McDermott Towne Crossing, a 42,651-square-foot, Kroger-anchored shopping center in Allen, and Carrollton Retail Center, a 14,484-square-foot center in Carrollton. David Disney and Adam Crockett of DIG represented the seller, Los Angeles-based Westwood Financial Corp., in the transaction. The duo also procured the buyer of both centers, a Texas-based private investor.

Disney Investment Group (DIG) announced today it has brokered the sale of McDermott Towne Crossing and Carrollton Retail Center in DFW.  McDermott Towne Crossing is a 42,651 square foot shopping center shadow anchored by Kroger and is located at the intersection of McDermott Dr. and Alma Dr. in Allen, TX.   Carrollton Retail Center is a 14,484 square foot center located at Hebron Pkwy. and Midway Rd. in Carrollton, TX. 

David Disney and Adam Crockett of DIG represented the seller, Los Angeles- based Westwood Financial Corporation, in the transaction and also procured the Texas-based private buyer who acquired both centers.

About Disney Investment Group
Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.25 billion of retail properties including more than $1 billion of transaction volume since 2012.  For more information on DIG, please visit www.disneyig.com.

About Westwood Financial Corporation

Westwood Financial Corporation is a fully integrated commercial real estate company with more than 60 employees and currently manages a large portfolio of more than 115 shopping centers with more than 10.5 million square feet of space in 26 metropolitan markets.

In response to an ever-changing retail landscape, the buyer pool in turn is ever-evolving as REITs and private owners continue to dispose of properties. Another two power centers, along with an unanchored retail center, have hit the sale column as a result.

The centers are located in the Dallas metro, along with one in Tennessee. Dallas-based boutique capital markets firm, Disney Investment Group, marketed and sold all three centers.

“REITs and private owners continue to sell and monetize non-core retail assets as the market adapts to the rapid changes continuing in the retail sector,” David Disney, principal, tells GlobeSt.com. “The buyer pool continues to evolve and we’re still seeing price discovery for big-box retail centers in many markets.”

Lakepointe Towne Crossing is a 196,630-square-foot power center located at the northeast corner of FM 3040 and Interstate 35E in Lewisville, TX that has more than two dozen stores and restaurants. The center is anchored by Ross and Party City, and shadow anchored by Super Target. Other retailers include the food and beverage options of Bonsai Sushi, Pei Wei, Starbucks and Taco Bell/Long John Silver’s. Lakepointe Towne Crossing was 62% leased at closing. Disney represented the seller, Retail Properties of America, and also procured the buyer.

Royal Crossing is an infill 22,579-square-foot center located at Interstate 75 and Royal Ln. in Dallas. The center is 86% leased with 11 tenants including Mattress Firm, Wingstop, Domino’s Pizza and Fuzzy’s Taco Shop. Disney represented the seller, Westwood Financial, and the buyer was represented by NAI Robert Lynn.

The Columns is a 173,727-square-foot power center located in Jackson, TN that is 98% leased and anchored by Best Buy, Ross Dress for Less, Marshalls, Bed Bath & Beyond, Old Navyand Books-A-Million. Disney and Adam Crockett of Disney represented the seller, Retail Properties of America, and also procured the buyer.

Disney Investment Group has executed the sale of more than $2.2 billion of retail properties since 2012.

Disney Investment Group (DIG) has closed the sale of Lakepointe Towne Crossing, a 196,630-square-foot retail power center located at 709-735 Hebron Parkway in the Dallas metro of Lewisville. Anchored by Ross Dress for Less and Party City and shadow-anchored by Super Target, the property was 62 percent leased at the time of sale. DIG represented the seller, Retail Properties of America, in the transaction and procured the undisclosed buyer.

Disney Investment Group (DIG) announced today it has marketed and sold two power centers and one unanchored retail center located in Texas and Tennessee. 

The Columns is a 173,727 square foot power center located in Jackson, TN that is 98% leased and anchored by Best Buy, Ross Dress for Less, Marshalls, Bed Bath & Beyond, Old Navy and Books-A-Million.  David Disney and Adam Crockett of DIG represented the seller, Retail Properties of America, and also procured the buyer. 

Lakepointe Towne Crossing is a 196,630 square foot power center located in Lewisville, TX that is anchored by Ross and Party City and shadow anchored by Super Target.  Lakepointe Towne Crossing was 62% leased at closing.  DIG represented the seller, Retail Properties of America, and also procured the buyer.   

Royal Crossing is an infill 22,579 square foot center located at Interstate 75 and Royal Ln. in Dallas, TX.  Royal Crossing is 86% leased with 11 tenants including Mattress Firm, Wingstop, Domino’s Pizza and Fuzzy’s Taco Shop.  DIG represented the seller, Westwood Financial, and the buyer was represented by NAI Robert Lynn. 

DALLAS—With a growing population and resulting incomes in the surrounding area, well-located retail centers are an institutional buyer’s dream purchase. With that type of center in mind times two, a couple of buyers recently purchased Dallas/Fort Worth-area shopping centers for a combined $24 million.

Disney Investment Group closed on Sprouts Village located at 4930 Teasley Ln., a new 46,380-square-foot shopping center anchored by Sprouts Farmers Market located in Denton. Sprouts Village is located at Hickory Creek Road and Teasley Lane, one of the fastest-growing Dallas suburbs. The shopping center sale includes two outparcels with one outparcel leased to Starbucks, with other tenants including T-Mobile, Pet Supermarket and Domino’s Pizza, which is coming soon.

An affiliate of the Inland Real Estate Group of Companies Inc. acquired the center with Matthew Tice of Inland leading the acquisition process. David Disney and Adam Crockett of Disney brokered the sale and worked with DuWest Realty on the transaction.

Another sale involved Midway Plaza, a newly renovated 12,198-square-foot shopping center located at the southwest corner of Interstate 635 and Midway Road in Dallas. Midway Plaza is a regional multi-tenant shopping center which is shadow anchored by newly developed Walmart Supercenter and Sam’s Club stores. The Interstate 35 location has more than 300,000 cars passing the center daily. Disney Investment Group brokered the sale of Midway Plaza to a private investor and represented the seller, a national real estate investment company.

“Institutional and private buyers alike continue to aggressively pursue and acquire high-quality, well-located shopping centers like Sprouts Village and Midway Plaza in top retail markets including DFW,” Disney, principal with Disney Investment Group, tells GlobeSt.com.

Inland Real Estate Group bought Sprouts Village in Denton, a new 46K SF shopping center anchored by Sprouts Farmers Market. Inland Real Estate Group’s Matthew Tice represented the owner. DIG’s David Disney and Adam Crockett brokered the sale and worked with DuWest Realty. Disney Investment Group also closed on the sale of Midway Plaza, a 12K SF shopping center in Dallas. DIG brokered the sale to a private investor and represented the seller, a national real estate investment company.

Read more at: https://www.bisnow.com/dallas-ft-worth/news/deal-sheet/this-weeks-dallas-fort-worth-deal-sheet-76666?be=david%40disneyig.com&utm_source=Newsletter&utm_medium=email&utm_campaign=tue-18-jul-2017-000000-0500_dallas-fort-worth-re?utm_source=CopyShare&utm_medium=Browser

Disney Investment Group (DIG) has closed on the sale of Sprouts Village, a new 46,380 square foot shopping center anchored by Sprouts Farmers Market located in Denton, Texas. The shopping center sale includes two outparcels with one outparcel leased to Starbucks. An affiliate of The Inland Real Estate Group of Companies, Inc. acquired the center with Matthew Tice of Inland leading the acquisition process. David Disney and Adam Crockett of DIG brokered the sale and worked with DuWest Realty on the transaction.

DIG also closed on the sale of Midway Plaza, a newly renovated 12,198 square foot shopping center located at the southwest corner of Interstate 635 and Midway Rd. in Dallas. Midway Plaza is shadow anchored by newly developed Walmart Supercenter and Sam’s Club stores with more than 300,000 cars passing the center daily. DIG brokered the sale of Midway Plaza to a private investor and represented the seller, a national real estate investment company.

Disney Investment Group closed the sale of two retail properties in Hurst. Sprouts Crossing in Hurst is a Class-A grocery-anchored center totaling 61k SF and anchored by Sprouts. Wellington Place in Hurst is a 17k SF unanchored shopping center adjacent to Sprouts Crossing and was acquired by the same buyer. 

Read more at: https://www.bisnow.com/dallas-ft-worth/news/deal-sheet/this-weeks-dallas-fort-worth-deal-sheet-66002?utm_source=MorningBrief&utm_medium=email&utm_campaign=20161005_dallas-ft-worth_morningbrief&be=david%40disneyig.com

DALLAS, TEXAS - Disney Investment Group (DIG) announced today it has closed on the sale of four retail properties across Texas and Mississippi. The properties are:

1. Sprouts Crossing - Hurst, TX: Class A grocery anchored center located in Dallas/Ft. Worth totaling 60,706 square feet and anchored by Sprouts which signed a long-term lease. The property was 75% occupied at the time of closing. Austin-based EPIC Real Estate Partners purchased Sprouts Crossing.
2. Wellington Place - Hurst, TX: Unanchored shopping center totaling 17,327 square feet and located in Dallas/Ft. Worth. Wellington Place is adjacent to Sprouts Crossing and was acquired by the same buyer.  EPIC will facilitate a significant redevelopment and expansion of Sprouts Crossing with the Wellington acquisition.
3. Walgreens - Spring, TX: Single tenant, net leased property leased to Walgreens and located in the Houston MSA. A private 1031 exchange buyer purchased the asset.
4. University Crossing - Starkville, MS: Located at the entrance to Mississippi State University (MSU), University Crossing has 64,288 square feet and is 90% leased with 16 tenants including Starbucks, Rue 21, Pet Sense, Its Fashion Metro and Cadence Bank. MSU is the largest public university in the state of Mississippi. Cincinnati, OH-based Viking Partners purchased University Crossing.

David Disney and Adam Crockett with DIG represented the sellers and procured the buyers for each property (excluding the seller of Wellington Place).

BEE CAVE, TX—The Shops at the Galleria, a fully occupied, 537,684-square-foot regional power center 16 miles southwest of Austin, have sold for an undisclosed price. Oakbrook, IL-based InvenTrust Properties Corp. purchased the asset fromChristopher Commercial Inc.

The asset is located at 12780 Shops Pkwy. along Highway 71 between RR 620 and Bee Caves Rd., and is situated directly across from the Hill Country Galleria. It was completed in 2005 and is occupied by a strong roster of national retailers, including Lowe’s Home Improvement, Home Goods, Michael’s, Marshalls, Old Navy, PetSmart, World Market, Best Buy, ULTA and Office Max.

Disney Investment Group brokered the off-market sale to InvenTrust Properties Corp.  This is the fourth transaction the Disney group has completed with InvenTrust.  Chris Cozby and Chris Gerard with CBRE represented the seller.

David R. Disney, principal, Disney Investment Group, tells GlobeSt.com: “Shops at the Galleria is a fantastic, high-performing shopping center that could not be duplicated today in Bee Cave. This off-market sale to InvenTrust is another example of the continued insatiable investor demand for large-scale, high-quality retail assets located in the supercharged Austin market. The acquisition of Shops at the Galleria will serve InvenTrust very well for many years to come.”

The Shops at the Galleria is nestled among many of Austin’s wealthiest and most prestigious neighborhoods and towns, such as West Lake Hills, Bee Cave, Lakeway, Barton Creek and Steiner Ranch. Residents in a five-mile radius of the property earn an average of $145,000 annually with an average housing value of $540,000. The hilly topography is one of the greatest strengths of the nearly 100-acre property, limiting future competition and making it nearly impossible to replicate.

Read more here:  http://www.globest.com/sites/lisabrown/2016/04/05/austin-metro-continues-to-dazzle-investors/?channel=markets&section=austin&slreturn=20160306150510

BEE CAVE, TEXAS — Disney Investment Group (DIG) has arranged the sale of Shops at the Galleria, a 537,685-square-foot retail center located in the Austin suburb of Bee Cave. The center was 99 percent leased at the time of sale to tenants including Lowe’s Home Improvement, Best Buy, Marshall’s, HomeGoods, Cost Plus World Market, Michaels, PetSmart, Office Max, Old Navy and Ulta Beauty. DIG procured the buyer, Chicago-based InvenTrust Properties Corp., and CBRE represented the seller, Christopher Commercial Inc., in the transaction.

See more at:  rebusinessonline.com/disney-investment-group-arranges-sale-of-retail-power-center-in-metro-austin/

DALLAS, TX - Disney Investment Group has been selected by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, to receive a CoStar Power Broker TM Award. This annual award recognizes the “best of the best” in commercial real estate brokerage by highlighting the firms and individual brokers who closed the highest transaction volumes in commercial property sales in 2015 within their respective markets. 

With the largest professional research organization serving the commercial real estate industry, CoStar is uniquely positioned to identify the top firms and brokers in each market throughout the U.S. and Toronto, Canada.  All awards are based on transaction data maintained in CoStar's commercial real estate database, the largest independently researched database of commercial real estate property information available online.

Disney Investment Group qualified as one of the top commercial brokerage firms in Dallas/Ft. Worth based on total sale transactions closed during the year. In order to be selected for this honor, Disney Investment Group's overall transaction volumes were evaluated by CoStar against other commercial real estate brokerage firms active in its region, and subsequently ranked among the top firms in the market.

Disney Investment Group's significant transactions that closed in 2015 included: Chapel Hill, Marketplace at El Paseo, Lake Forest Crossing and several net-leased assets.

“With such an active year in commercial real estate, CoStar is proud to honor the individual brokers and firms who perform at the industry’s highest level,” said CoStar Group founder and CEO Andrew C. Florance.  “These industry leaders deserve to be recognized for their expertise, hard work and superior deal-making abilities. We extend our congratulations to this year’s winners on their exceptional sales and leasing success.” 

Dallas — Dallas-based Disney Investment Group (DIG) has arranged the sale of four retail properties for a total of $80 million.

Properties include Marketplace at El Paseo, a 224,628-square-foot power center located in Fresno, California; a Walgreens located in Memphis, Tennessee; a single tenant, net-leased Mattress Firm property in Branson, Missouri; and a single tenant, net-leased Aspen Dental property located in Branson, Missouri. David Disney and Adam Crockett of DIG facilitated all four of the transactions.

Matthew Tice of Inland Real Estate Acquisitions handled negotiations for Marketplace at El Paseo on behalf of the buyer, Inland Real Estate Income Trust. The seller of Marketplace at El Paseo was a partnership controlled by a California-based private developer and a Dallas-based equity investor.

The three single tenant properties sold to two different public and private real estate investment trusts in three separate transactions.

Read more here: http://www.shoppingcenterbusiness.com/the-latest-news/disney-investment-group-sells-four-retail-properties-totaling-80-million

DALLAS—Disney Investment Group (DIG) has been busy.

The Dallas-based boutique firm just closed on the sale of four retail properties across the U.S., totaling $80 million, including one power center and three single-tenant/net-leased assets, GlobeSt.com has exclusively learned.

The properties are:

Marketplace at El Paseo, Fresno, CA;
Walgreens, Memphis, TN;
Mattress Firm, Branson, MO;
and Aspen Dental, Branson, MO

DIG facilitated all four transactions. The Fresno center took over a year to close, according to David Disney, principal with DIG. The class A power center, totaling 224,628 square feet and built in 2014-2015, was acquired by Inland Real Estate Income Trust; the seller was a partnership controlled by a private developer based in California and a Dallas-based equity investor. Matthew Tice with Inland Real Estate Acquisitions handled negotiations on behalf of the buyer. The center is shadow-anchored by Target, and anchor tenants include Ross Dress For Less, Marshalls, Old Navy, Burlington, Petco, Kirkland’s and Ulta. It is 96 percent occupied and includes more than 35 tenants.

DIG, Disney says, sourced the opportunity through a relationship with a principal of the Dallas-based company that provided the equity for development, which represents Inland Real Estate Income Trust's first acquisition in California.

Additionally, the three single tenant/net leased properties were sold to two different public and private real estate investment trusts in three separate transactions. The Walgreens in Memphis recently renewed its 20-year ground lease; and the Mattress Firm and Aspen Dental in Branson, both located within The Shoppes at Branson Hills, have more than eight years and 10 years remaining leases.

In August, DIG brokered a power center deal a little closer to Dallas--the sale of Chapel Hill in Fort Worth.

Read more here:  http://www.globest.com/news/12_1224/dallas/retail/DIG-Brokers-Four-for-80-Million-362867-1.html

Inland Real Estate Income Trust, an Illinois-based commercial real estate and finance organization, announced Wednesday that it has acquired The Marketplace at El Paseo shopping center in northwest Fresno for $70 million.

The sale expands “the reach of Inland Income Trust’s portfolio and the company’s geographic footprint to California,” said Mitchell Sabshon, president and chief executive officer, in a news release.

Inland owns or controls retail, office, industrial and apartment properties across the country. In California, the company owns the NorthPointe Shopping Center in Modesto.

El Paseo, the largest retail center on Herndon, east of Highway 99, was built by Rich Development, a southern California development company in 2014. It is 96 percent leased and anchored by Target. Other tenants include Burlington Coat Factory, Marshalls, Ross Dress for Less, Old Navy, Petco, Ulta Beauty and Famous Footwear.

Rich Development has plans to build the second phase of the center along Golden State Boulevard.

Matthew Tice, vice president of Inland Real Estate Acquisitions, represented the buyer. Disney Investment Group, a Dallas-based brokerage firm, facilitated the sale with the developer.

Read more here: http://www.fresnobee.com/news/business/biz-columns-blogs/real-estate-blog/article41737710.html#storylink=cpy

Inland Real Estate Income Trust, Inc. has purchased Fresno’s 224,683-square-foot Marketplace at El Paseo shopping center.

The sale was announced today in a press release issued by Inland.

Matthew Tice, vice president of Inland Real Estate Acquisitions, Inc., confirmed the Oak Brook, Illinois-based Real Estate Investment Trust (REIT) purchased the property from Rich Development and Gryphon Capital, which built the northwest Fresno shopping center in 2014.

“This acquisition was an ideal match for Inland Income Trust’s strategy to acquire high quality multi-tenant retail assets,” Tice said.

David Disney of Dallas-based Disney Investment Group brokered the transaction.

"It took us about a year to put the deal together," Disney said.

Other details of the transaction, including the sale price, were not released. But sources close to the deal confirmed the sale included a majority of Phase One of the development.

The sale price of the center was $70 million, according to documents filed with the Securities and Exchange Commisssion.

Chris Shane of Los Angeles-based Gryphon Capital said that his company and Rich Development, also based in Southern California, continue to own a large parcel at the Marketplace at El Paseo and have plans for future development there.

“I can’t comment on any of the details involving the Inland sale,” Shane said. “But I can confirm that [Gryphon and Rich] are finishing up our plans for Phase Two of the shopping center. We’re very excited and plan to begin construction work sometime next year.”

Shane said Phase Two will add approximately 300,000 more square feet to the sprawling shopping center.

“We are pleased to expand the reach of Inland Income Trust’s portfolio and the company’s geographic footprint to California with the purchase of Marketplace at El Paseo,” said Mitchell Sabshon, president and CEO of Inland Real Estate Investment Corp.

Marketplace at El Paseo, located at 6549 N. Riverside Dr., at the southeast quadrant of Highway 99 and Herndon Avenue, is currently 96-percent leased, with a roster of national tenants that include Burlington Coat Factory, Marshalls, Ross Dress for Less, Old Navy, Petco, Ulta Beauty and Famous Footwear.

The shopping center is anchored by Target, which was not included in the transaction.

Inland Real Estate Income Trust owns, either directly or indirectly, a large portfolio of more than 30 million square feet of commercial real estate located throughout the country. According to its website, the vast majority of the privately held REIT’s properties are located in the Eastern U.S.

Read more here:  http://mail.thebusinessjournal.com/news/real-estate/19955-northwest-fresno-s-newest-shopping-center-sold

The popular Chapel Hill shopping center at I-30 and Hulen in Fort Worth, which features Central Market, The Container Store and Cost Plus World Market, has been sold to Kite Realty Group.

Kite, a public company based in Indianapolis, acquired the center from Dallas-based Strode Property Co., which developed the center and has owned it since 1999, according to a report on GlobeSt.com. Disney Investment Group handled the sale for Strode.

In a press release, Kite says the 200,000-square-foot power center is 96-percent leased and includes retailers Ann Taylor, Beauty Brands and New Balance.

But the company generically notes that the center is located “in the MSA of Dallas,” along “one of the area’s most highly traveled crossroads.”

Attention Kite: Your newest asset is in FORT WORTH, the 16th biggest city in the country! Get with it.

Read more here: http://www.star-telegram.com/news/business/biz-columns-blogs/tarrant-business-blog/article32423703.html#storylink=cpy

FORT WORTH, TEXAS — Kite Realty Group Trust has acquired Chapel Hill Shopping Center, a 200,000-square-foot power center located in Fort Worth. The center is 96 percent leased and anchored by Central Market, The Container Store and Cost Plus World Market. Other tenants include Ann Taylor, Beauty Brands, New Balance and Men’s Wearhouse.

The purchase price was funded using 1031 sale proceeds and other cash and liquidity sources. Chapel Hill Shopping Center is located at the intersection of I-30 and Hulen Street. The area has an estimated population of 275,000 residents within a five-mile radius. David Disney and Adam Crockett of Disney Investment Group represented the seller and also procured the buyer in the transaction. -

See more at: http://rebusinessonline.com/kite-realty-acquires-power-center-in-fort-worth/#sthash.H4ORkQ4V.dpuf

In a hush-hush deal, Indianapolis-based Kite Realty Group Trust (NYSE: KRG) has acquired one of Fort Worth's trophy shopping centers — Chapel Hill Shopping Center.

Terms of the deal were not immediately disclosed Monday.

DALLAS, Texas (August 24, 2015) – Disney Investment Group (DIG) announced today it has closed on the sale of Chapel Hill shopping center in the D/FW Metroplex.  Chapel Hill is a trophy, grocery-anchored community center located at the southwest corner of Interstate 30 and Hulen St. in Ft. Worth, Texas.  Totaling over 191,000 square feet, Chapel Hill is anchored by one of HEB’s top performing Central Market stores in D/FW and includes other national tenants such as Container Store, Cost Plus World Market, Ann Taylor Loft, Men’s Wearhouse,  Aaron Brothers, Mi Cocina, and many others. 

The buyer was Kite Realty Group Trust (NYSE: KRG).   The seller, Strode Property Company, developed the center in 1999 and has owned it for more than 15 years.  David Disney and Adam Crockett of Disney Investment Group represented the seller and also procured the buyer.  Chapel Hill represents the sixth transaction completed between Strode Property Company and DIG.

About Kite Realty Group Trust

Indianapolis-based Kite Realty Trust is a full-service, vertically integrated real estate investment trust engaged in the ownership, operation, management, leasing, acquisition, construction, redevelopment and development of neighborhood shopping centers in selected markets in the United States.  For more information on Kite Realty, please visit the Company’s website at www.kiterealty.com. 

About Strode Property Company

Dallas-based Strode Property Company was formed in 1979 by James E. Strode and has since developed and managed over 5,000,000 square feet of retail shopping centers and tenant build-to-suits throughout the southern United States.

About Disney Investment Group

Disney Investment Group (DIG) is a Dallas-based boutique investment capital markets firm that has executed the sale of more than $1.8 billion of retail properties, including more than $700 million of transaction volume since 2012.

FORT WORTH—A trophy shopping center in west Fort Worth has been sold.

The Central Market-anchored, 191,000-square-foot Chapel Hill has been acquired by Indianapolis-based Kite Realty Group Trust in a deal that closed Friday, Disney Investment Group (DIG) exclusively tells GlobeSt.com.

The seller was Dallas-based Strode Property Co. who developed the center and has owned it since 1999.

“This is a pretty rare, pretty sought-after center,” says David Disney, principal with Dallas-based DIG. “Central Market is highly coveted.”

According to Disney, in the last 10 years, only one other Central Market-anchored center in the Dallas/Fort Worth area has traded hands. That was Preston Oaks in a deal which DIG also brokered in 2013.

In the recent transaction, Disney and Adam Crockett, associate at DIG, represented the seller and also procured the buyer.

“It’s a thriving center and shows real well,” Disney says. “[Kite] was looking for a trophy asset.”

Kite clearly has an interest in comparable centers. In April, it acquired the Whole Foods Market-anchored Colleyville Downs in Colleyville.

Other tenants at Chapel Hill include Mi Cocina, The Container Store, Aaron Brothers and Cost Plus World Market.

The transaction represents the sixth deal completed between Strode Property Co. and DIG

http://www.globest.com/news/12_1182/dallas/retail/Trophy-Retail-Asset-in-West-Fort-Worth-Is-Sold-361049-1.html

DALLAS, TX - Disney Investment Group has been selected by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, to receive a CoStar Power Broker ^TM Award. This annual award recognizes the “best of the best” in commercial real estate brokerage by highlighting the firms and individual brokers who closed the highest transaction volumes in commercial property sales in 2014 within their respective markets. 

With the largest professional research organization serving the commercial real estate industry, CoStar is uniquely positioned to identify the top firms and brokers in each market throughout the U.S. and Toronto, Canada.  All awards are based on transaction data maintained in CoStar's commercial real estate database, the largest independently researched database of commercial real estate property information available online.

Disney Investment Group qualified as one of the top commercial brokerage firms in Dallas/Ft. Worth based on total sale transactions closed during the year. In order to be selected for this honor, Disney Investment Group's overall transaction volumes were evaluated by CoStar against other commercial real estate brokerage firms active in its region, and subsequently ranked among the top firms in the market.

Disney Investment Group's significant transactions that closed in 2014 included: Park Avenue, Mansfield Pointe, Westside Market and Bryant Square.

“CoStar is proud to honor the individual brokers and firms who perform at the industry’s highest level each year,” said CoStar Group founder and CEO Andrew C. Florance.  “These industry leaders deserve to be recognized for their expertise, hard work and superior deal-making abilities. We extend our congratulations to this year’s winners on their exceptional sales success.”

MCKINNEY, TEXAS — Disney Investment Group (DIG) has arranged the sale of Lake Forest Crossing in McKinney. Lake Forest Crossing is a 29,897-square-foot shopping center shadow-anchored by Walmart Supercenter and located at the intersection of McKinney Ranch Parkway and Lake Forest Drive. Lake Forest Crossing was developed in 2005 and is in close proximity to Craig Ranch, a 2,200-acre, master-planned community under development. McKinney recently ranked No. 2 on Money Magazine’s “Best Places to Live in America” list. David Disney and Adam Crockett of DIG represented the seller, Los Angeles-based Westwood Financial Corp., in the transaction, and also procured the Texas-based private buyer.

See more at: http://rebusinessonline.com/disney-arranges-sale-of-lake-forest-crossing-shopping-center-in-metro-dallas/#sthash.RSGmLc55.dpuf

Smaller multi-tenant retail shopping centers are still luring buyers, evidenced by Westwood Financial Corp’s sale of its 30k SF Lake Forest Crossing in McKinney.

Lake Forest Crossing, at the intersection of McKinney Ranch Parkway and Lake Forest Drive and shadow-anchored by Walmart Supercenter, was purchased by Westwood Financial Corp in 2012 when it was 42% leased, says Disney Investment Group principal David Disney. Westwood leased the property enough (75% filled) to warrant selling it, though the private buyer still has a nice value-add opportunity. David and colleague Adam Crockett repped the seller and also procured the Texas-based private buyer. This sale is the sixth transaction that DIG has completed with the seller and is the second time DIG representatives have sold Lake Forest Crossing. 

https://www.bisnow.com/dallas-ft-worth/news/deal-sheet/this-weeks-dallas-fort-worth-deal-sheet-42373

SCI Real Estate Investments sold the Bryant Square Shopping Center at the corner of E. 2nd St. and S. Bryant Ave. in Edmond, OK to Inland Real Estate Acquisitions for $33.8 million, or about $121 per square foot.

The community center is approximately 279,000 square feet in the Edmond Retail submarket of Oklahoma County. The asset is currently 94 percent leased, with anchor tenants including Ross Dress For Less, Petco, Old Navy, and Hancock Fabrics.

Robert Leu with Fameco Real Estate and Dale Peterson with CBRE represented the seller. David Disney with Disney Investment Group represented the buyer.

Please see CoStar COMPS #3092132 for more information on this transaction.

http://www.costar.com/News/Article/Bryant-Square-Ctr-Purchased-for-$338M/163618

In a $33.8 million deal, Inland American Real Estate Trust Inc. has acquired Bryant Square Shopping Center, a 275,466-square-foot Class A retail property in Edmond.

Located about 14 miles north of Oklahoma City’s central business district at 308 S. Bryant Ave., the center is currently 94 percent leased. Among its tenants are Bed Bath & Beyond, Dollar Tree, Old Navy, Ross Dress for Less, and Petco.

Bryant Square is also shadow anchored by nearby Wal-Mart, Super Target, and Lowe’s stores. Its trade area includes the University of Central Oklahoma campus and the nearby Edmond branch of the OU Medical Center.

“This power center, with a grocery component, is a terrific addition to our retail portfolio due to its solid national tenant line-up, strong demographics and an ideal location trafficked by more than 40,000 vehicles per day,” Christopher Covey, senior vice president of transactions for Inland American, said in a statement. “Bryant Square is a dominant retail property in the Edmond area and is well positioned for future growth.”

David Disney of the Dallas-based Disney Investment Group (DIG) brokered the transaction.

http://www.multihousingnews.com/cities/tulsa-oklahoma-city/inland-american-real-estate-trust-pays-33-7m-for-bryant-square-in-edmond/1004107083.html

Disney Investment Group has closed on the sale of Westside Market, a new Tom Thumb anchored shopping center in Frisco. Inland Real Estate Acquisitions, Inc. has acquired Westside Market, which opened in 2013 and totals 93,562 square feet. The center is anchored by a 70,000 square foot Tom Thumb store as well as a Tom Thumb fuel center, which are both on long term leases. Westside Market is currently 98% leased and is strategically located at the southeast corner of FM 423 and Lebanon road where the upscale Phillips Creek Ranch subdivision is currently in development. Average household incomes within a one-mile radius of the center exceed $130,000. David Disney of DIG tells GlobeSt.com, “This type of transaction is very rare in Dallas. There are not many grocers on a lease that trade. Tom Thumb is a dominant grocer in the area and this location has thousands of new homes coming on line. I think the bottom line here is the rarity of the sale of a new grocery-anchored center.” Disney represented the seller on the sale of Westside Market and also procured the buyer. Matthew Tice of Inland facilitated the purchase on behalf of the buyer.

http://www.globest.com/news/12_874/dallas/retail/Rare-Sale-of-Anchored-Center-in-Frisco-346819-1.html?CMP=OTC-RSS

A Frisco shopping center has sold to an Illinois-based investor.

Inland Real Estate Acquisitions Inc. has acquired Westside Market, a 93,562 square foot retail center at the southeast corner of FM 423 and Lebanon Road.

Westside Market opened in 2013 and is anchored by a 70,000 square foot Tom Thumb store. The property is 98 percent leased.

David Disney of Disney Investment Group brokered the sale with Matthew Tice of Inland. Terms of the sale were not disclosed.

http://bizbeatblog.dallasnews.com/2014/06/new-frisco-shopping-center-sells-to-investor.html/

Disney Investment Group has brokered the approximately $35 million sale of two shopping centers in Mansfield and Flower Mound. The properties are Cross Timbers Village, at FM 1171 and Bruton Orand Boulevard in Flower Mound, and Mansfield Pointe, at U.S. 287 and Debbie Lane in Mansfield. 

David Disney and Adam Crockett of DIG represented the seller, an entity controlled by Direct Development and Thackeray Partners, in the Cross Timbers Village transaction. They also procured the buyer, a private entity whose identity was not disclosed.

David Disney brokered the Mansfield Pointe sale between the seller, The Retail Connection, and the buyer, Inland Real Estate Acquisitions.

Disney Investment Group (DIG) has brokered the sale of two Dallas/Fort Worth Metroplex shopping centers for approximately $35 million. The properties include Cross Timbers Village, located in Flower Mound at the intersection of FM 1171 and Brutan Orand Blvd.; and Mansfield Pointe, located in Mansfield on the corner of Highway 287 and Debbie Lane. The 19,333-square-foot Cross Timbers Village is shadow-anchored by a Tom Thumb grocery store and is in proximity to the Wellington Estates community. The 148,529-square-foot Mansfield Pointe was 97 percent occupied by tenants including Sports Authority, Bed Bath & Beyond, PetSmart and Party City. In the sale of Cross Timbers Village, David Disney and Adam Crockett of DIG represented the seller, an entity controlled by Direct Development and Thackeray Partners, and also procured the buyer, a private buyer. In the sale of Mansfield Pointe, David Disney brokered the deal between the seller, The Retail Connection, and the buyer, Inland Real Estate Acquisitions.

See more at: http://rebusinessonline.com/disney-investment-group-brokers-35m-sale-of-two-shopping-centers/#sthash.lQB5cKUr.dpuf

Oak Brook, Ill.-based Inland Real Estate Income Trust Inc. has acquired a large Dallas-Fort Worth shopping center for $28.4 million.

The acquisition comes at a time when the trust's parent company, Inland Real Estate Investment Corp. (NYSE: IRC), recently named a new CEO, Mitchell Sabshon, who is aimed at turning the firm's two mega-REIT's poor performance back into a profitable investment option.

In a recent interview with Investment News, Sabshon told the publication it was time for Inland to either 'put up or shut up,' to regain the past luster of the mega-REITs.

The 148,529-square-foot Mansfield Pointe Shopping Center in Mansfield, a suburb of Dallas and Fort Worth, is 96.7 percent occupied to tenants that include Sports Authority, PetSmart and Bed Bath & Beyond.

David Disney of Disney Investment Group represented Inland in the deal. The Retail Connection represented the seller partnership, which includes the Dallas-based retail real estate firm and Plano-based Granite Properties, in the deal.

Along with the Dallas-Fort Worth property, Inland Real Estate Income Trust also purchased a Florida Walmart Neighborhood Market-anchored shopping center that is 98 percent leased.

http://www.bizjournals.com/dallas/news/2014/04/17/inland-buys-large-mansfield-shopping-center-for.html

Disney Investment Group has brokered the sale of two shopping center properties for nearly $35 million. Cross Timbers Village and Mansfield Pointe have both traded hands.

Cross Timbers Village in Flower Mound, TX, was purchased by an undisclosed private West-coast buyer. Locally-based Direct Development and Thackeray Partners divested of the property as a way to pare down its holdings. David Disney and Adam Crockett of DIG represented the seller and secured the buyer.  

The newly developed, 19,333-square-foot shopping center sits at the intersection of FM1171 and Bruton Orand Boulevard. Cross Timbers Village is 95% occupied with Tom Thumb as the property’s shadow anchor and other retailers such as Subway, Great Clips, Terry’s Donuts and RE/Max.

While the exact acquisition price was not disclosed and probably ranges around $6 million, Disney tells GlobeSt.com, “that pricing was pushing a 7% cap rate, which is exceptional pricing for this type of stabilized property.”

DIG also arranged the sale of Mansfield Pointe, which was purchased by Inland Real Estate Acquisitions Inc. Disney says, the property was sold by a group controlled by The Retail Connection and Granite Properties, for $28.4 million.

The 148,529-square-foot shopping center hosts tenants like SuperTarget, Home Depot, Bed Bath & Beyond, Petsmart and Verizon. Developed in 2008, the property sits on the southwest corner of Highway 287 and Debbie Lane. It is 97% occupied.

Disney brokered the sale, while Alan Shor and Chad Bradshaw of The Retail Connection and Paul Bennett of Granite Properties represented the seller, and Matthew Tice of Inland Real Estate Acquisitions represented the buyer.

DIG is no stranger to retail transactions of this sort. Earlier this year, it brokered the sale of the Target-anchored Park Avenue shopping center in Little Rock, AR. Dallas-based Strode Property Co. developed the asset and then sold it for $28.1 million. It was purchased by Inland Real Estate Acquisitions.

http://www.globest.com/news/12_859/dallas/retail/DIG-Brokers-Two-Shopping-Center-Sales-346001-1.html

D CEO magazine’s Commercial Real Estate Awards program for 2014 recognized 41 finalists in 12 categories. Here’s a look at those honored in the Best Commercial Property Sale category, including winner Thanksgiving Tower.

When Thanksgiving Tower hit the market, the 1.4 million-square-foot skyscraper at 1401 Elm Street attracted a lot of attention. About 100 different buyers expressed interest; more than 20 made written offers, says John Alvarado, who led the CBRE team that marketed the property. Woods Capital differentiated itself with a pitch that offered the buyer a lot of certainty—and a quick close. In fact, the time between contract and sealed deal was just 20 days.

Shortly thereafter, the big news got even better, with Santander Bank leasing 400,000 square feet in the building for its new headquarters. “The meaningful story is not just the sale itself, but what it means to downtown,” Alvarado says.

Woods Capital, led by Jonas Woods, is giving the 50-story skyscraper a complete infrastructure overhaul. It’s also revamping interiors and bringing in new amenities. “Thanksgiving Tower is a phenomenal building in a district that we think is really on the upswing, thanks to a lot of factors,” Woods says. “The city is supporting the renovation of old buildings and putting in necessary incentives behind them, and projects like Tim Headington’s conversion of The Joule are huge catalytic moves. We are a piece in what’s becoming a very interesting puzzle downtown.”

FINALISTS:

Bell Helicopter Military Program Center

When selling an aviation facility, the market can be a little thin. But Bell Helicopter found a perfect buyer in Tarrant County Community College, which bought Bell’s military program center at Alliance in Fort Worth. The school plans to transform it into a $20 million aviation, aerospace, and logistics learning facility. With projected growth in those industries in the coming years, TCC saw an opportunity to train the next generation of aerospace, aviation, and logistics professionals. To support the college and help it swing the deal, Bell agreed to a sale over three years without interest. JLL’s Todd Burnette and Matt Montague put the transaction together.

The Colonnade

Fortis Property Group expanded its stake in Dallas with the acquisition of The Colonnade a three-building, 1 million-square-foot office complex off the Dallas North Tollway in Addison. It was the largest single office trade of the year, and signified the emergence of the southern Tollway as an institutional market. A substantial percent of equity was provided by an offshore investor. The new owner is planning to make a number of upgrades to the complex in the coming months. Putting the deal together for Fortis Property’s Jonathan Landau were the HFF team of Andrew Levy, Elizabeth Malone, Todd Savage, Jim Curtin, and Wally Reid.

Northfield Portfolio

The Northfield Portfolio sale stands out because it set low-cap-rate and pricing records for properties of its kind in the region. The package consisted of eight buildings totaling 800,000 square feet near Dallas-Fort Worth International Airport. EastGroup Properties came in with the winning bid; Prologis was the seller. Putting the deal together was a CBRE team led by Jack Fraker. They were able to show projected rent growth for the submarkets and push investor pricing thresholds to levels not previously achieved.

Preston Oaks

Broker David Disney specializes in off-market transactions, and a deal he put together in 2013 was exactly that. Formerly with UCR, David represented Regency Centers in its acquisition of Preston Oaks. It’s located at the southeast corner of Preston Road and Royal Lane in Dallas, one of the most desirable trade areas in the market. Trademark Property had purchased and redeveloped the complex back in 1991. In 2012, Central Market came in to take over a former Borders Books store. That same year, Regency had tried to buy the nearby Preston Royal Village, but lost out on the deal—after spending a year trying to make it work. Winning Preston Oaks more than made up for it.

http://realestate.dmagazine.com/2014/03/the-years-best-commercial-property-sale-thanksgiving-tower/

Inland Real Estate Income Trust has acquired the 69,381-sq.-ft. Park Avenue Shopping Center in Little Rock, Ark., for $28.12 million. IREIT Business Manager & Advisor assisted Inland Real Estate Acquisitions in the transaction. Disney Investment Group represented the seller, SPC Park Avenue Limited Partnership and SPC Condo Limited Partnership. Both are affiliates of Strode Property Co.

Well situated at a major intersection, Park Avenue Shopping Center is about five miles west of downtown Little Rock and directly across the street from a major area hospital. The property consists of three single-tenant buildings, three multi-tenant buildings and a two-level parking structure. The center also has the right to expand one of the three buildings by up to 9,500 sq. ft., which would increase the retail space to over 78,000 sq. ft.

Park Avenue Shopping Center is 95% leased. Tenants include Staples, Cheddar’s Casual Café, Newk’s Eatery, Panera Bread, Verizon Wireless and Mattress Firm. The property is shadow-anchored by a Target “P Fresh” store, Target’s new and successful grocery-focused store format, and an LA Fitness, neither of which was acquired.

http://www.chainstoreage.com/article/inland-reit-acquires-park-avenue-center-little-rock-ark

The Disney Investment Group represented the Strode Property Co. of Dallas in its recent $23.4 million, or $336.84/sf, sale of Park Avenue, a 69,381-square-foot shopping center in Little Rock, Ark., to Inland Real Estate Income Trust Inc.

The property is 95.1 percent leased to tenants that include Panera Bread, Verizon Wireless, Radio Shack and Newk's Eatery. It generates $1.5 million of annualized base rent, according to a regulatory filing. The price paid by Inland, an Oak Brook, Ill., REIT whose shares do not trade on any exchange, results in a capitalization rate of 7.83 percent.

The price Inland paid includes a right to expand one of the property's three buildings by up to 9,500 sf. But the company might end up paying an additional $4.75 million, bringing the property's total purchase price to $28.12 million.

http://www.crenews.com/general_news/general/disney-investment-represented-seller-of-arkansas-retail-center.html

Inland Real Estate Income Trust, an Illinois-based REIT, acquired the Wedgewood Commons, a new retail center shadow-anchored by Target, for $30.5 million, or about $193 per square foot, from StoneCrest Investments GP, the property and asset management affiliate for the center's developer.

The power center at 5030-5218 Goodman Rd. in Olive Branch, MS totals 158,345 square feet and was completed in 2013. StoneCrest will continue to develop further expansions for the shopping center. The asset has been fully leased, with tenants including Ross, Rack Room Shoes, GNC, TJ Maxx, and Michaels. The buyer did not purchase the Target and have no plans to acquire it in the future. 

David Disney of the Disney Group represented the seller in the deal.  

Please see CoStar COMPS #2920842 for more information on this transaction.

http://www.costar.com/News/Article/Inland-Pays-$30M-for-Wedgewood-Commons/155869

A real estate investment trust has purchased part of the Wedgewood Commons Shopping Center in Olive Branch for $33.9 million, according to a news report.

Inland Real Estate Income Trust paid $212.86 per square foot for five buildings with 159,258 square feet of combined space near the Goodman and Pleasant Hill Road intersection, according to the Commercial Appeal.

The 329,097-square-foot Wedgewood Commons, which is Memphis' 18th largest shopping center, may foreshadow more investments by Inland in the Memphis market, the report said.

Some of the largest tenants in the part of the shopping center that was sold include TJ Maxx, HomeGoods and Michaels, according to the report. The Target "P Fresh" store wasn't part of the deal.

David Disney of Dallas-based The Disney Group represented the seller, StoneCrest Investments LLC.

http://www.bizjournals.com/memphis/news/2014/01/03/wedgewood-commons-inland-reit-olive.html

Preston Hollow is ground zero for retailers catering to high-income households, so when Regency Centers missed out on its chance to nab Preston Royal Village last year, the REIT set its sites on Trademark Property's Preston Oaks Shopping Center, says Regency acquisitions and dispositions VP Stuart Brackenridge.

Stuart tells us the Preston/Royal intersection has been on Regency's radar for a while. Regency already owns the Tom Thumb-anchored shopping center at Preston and Forest and approached Trademark's Terry Montesi about buying the 103k SF center off-market. That's how they approach most deals in this market, Stuart says. "We can't wait for them to come to the market. We've got to identify the markets and go in," he says. The deal, whose sales price wasn't disclosed, was brokered by David Disney.

Anchored by a 30k SF H-E-B Central Market, the shopping center is 95% occupied with stores like Gap, Pier 1, and White House Black Market. Stuart says there are three vacant spaces, which should be leased soon. This will be a long-term hold. There are other properties on Regency's radar, so Stuart says he'll be checking in on them from time to time. "We'll be there when it's time to strike," he says. Regency now owns 12 shopping centers in DFW.

https://www.bisnow.com/archives/newsletter/dallas-ft-worth/the-deal-sheet-behind-the-deal

A prime North Dallas retail center anchored by the Central Market grocery store has changed hands.

Regency Centers Corp. has purchased the 103,503-square-foot Preston Oaks shopping center at the southeast corner of Preston Road and Royal Lane.

The shopping center was substantially redeveloped in 1991 and more recently remodeled for the new Central Market, which opened early last year.

Other major tenants include Gap, Pier 1 Imports and White House Black Market.

“The historically high occupancy rates and notable tenant sales performance made Preston Oaks a desirable addition,” Regency Centers’ Stuart Brackenridge said in a prepared statement.

Terms of the purchase were not disclosed. The center was sold by a company controlled by Fort Worth-based Trademark Property Co. David Disney brokered the sale.

Regency Centers owns 11 centers in the Dallas area with 809,000 square feet.

Late last year the two north corners of Preston and Royal were sold to Houston-based AmREIT for $62 million.

http://www.dallasnews.com/business/commercial-real-estate/headlines/20130531-high-profile-north-dallas-shopping-center-on-preston-road-has-a-new-owner1.ece

Jacksonville, Fla.-based Regency Centers Corp. (NYSE: REG) has bought one of Preston Hollow's retail centers for an undisclosed sum in an off-market acquisition.

The Preston Oaks property, a 103,503-square-foot neighborhood center anchored by H-E-B Central Market, is at the southeast corner of Preston Road and Royal Lane in the affluent Dallas neighborhood.

The real estate investment trust purchased the shopping center because it was an infill location with market-leading anchors and population density, said Stuart Brackenridge, vice president of acquisitions and dispositions.

Brackenridge, along with David Disney, formerly of UCR Investment Sales, represented Regency Centers in the deal. The seller, a partnership controlled by Trademark Property Co., represented itself.

Trademark Property Co. purchased and redeveloped the shopping center in 1991. The center includes national retailers, such as Gap, Pier 1 Imports and White House Black Market.

http://www.bizjournals.com/dallas/news/2013/05/31/regency-centers-buys-preston-oaks.html