DALLAS-Houston-based investors, affiliates of Hartman Income REIT Inc., have paid more than $19 million to purchase the Richardson Heights Shopping Center situated on North Central Expressway in Dallas. The retail center, constructed in 1955 on Belt Line Road, comprises more than 200,000 square feet.
The shopping center, currently 56% leased, was bought from lenders who foreclosed on the property in 2009. Beth Pierson and Jennifer Pierson from CB Richard Ellis handled the transaction. For the full story, go to Dallas Morning News.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
