Sachse, Texas — Brixton Capital has acquired Oak Grove Plaza, a 120,552-square-foot shopping center located in Sachse, roughly 20 miles northeast of downtown Dallas. Kroger, which has operated at the site for 23 years, anchors the property. Additional tenants include Wingstop, Subway, Domino’s Pizza and Kumon, along with a roster of daily-needs services and providers such as Baylor Scott & White Primary Care, Oak Tree Dental, Athletico Physical Therapy and The UPS Store. The 15-acre property comprises two in-line buildings and a Kroger gas pad.
Chicago-based Nuveen Real Estate sold the property for an undisclosed price. Jim Batjer and Harrison Tye of CBRE represented the sellers, Chicago-based Nuveen Real Estate and Brixton Capital, in the transaction. Michael Cosby and Tom Burns, also of CBRE, arranged financing on behalf of Brixton.