Pierson Retail Advisors Arranges Sale of Townsend Square in Metro Dallas

by Katie Sloan

DeSoto, Texas — Pierson Retail Advisors (PRA) has arranged the sale of Townsend Square, a 147,235-square-foot shopping center located in the Dallas suburb of DeSoto.

PRA represented the seller, Global Fund Investments LLC, in the sale of the property to Ron Avneri, a Dallas-based investor. The center was 67 percent occupied at the time of sale by tenants including Bealls Stores, Fresenius Medical Care, Chase Bank, Boston Market, Leslie’s Pool Supplies, GNC and H&R Block.

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