Inland Buys Dogwood Festival Shopping Center in Mississippi

Flowood, Miss. – The property is 97.8 percent leased to 36 tenants.

Flowood, Miss. – Inland Real Estate Income Trust Inc. has acquired Dogwood Festival Shopping Center, a 187,610-square-foot retail center located in Flowood, roughly 10 miles northeast of Jackson. Lou Quilici of IREIT Business Manager & Advisor Inc. brokered the transaction. The property is 97.8 percent leased to 36 tenants, including T.J. Maxx, HomeGoods, Old Navy, Gap, Men’s Wearhouse and Hibbett Sports.

 — John Nelson