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.