DALLAS—Disney Investment Group has closedon the sale of Westside Market, a new Tom Thumb anchored shoppingcenter in Frisco.

Inland Real Estate Acquisitions, Inc. hasacquired Westside Market, which opened in 2013 and totals93,562 square feet. The center is anchored by a 70,000 square footTom Thumb store as well as a Tom Thumb fuel center, which areboth on long term leases. Westside Market is currently 98% leasedand is strategically located at the southeast corner of FM423 and Lebanon road where the upscale Phillips Creek Ranchsubdivision is currently in development. Average household incomeswithin a one-mile radius of the center exceed $130,000.

David Disney of DIG tells GlobeSt.com,“This type of transaction is very rare in Dallas. There are notmany grocers on a lease that trade. Tom Thumb is a dominant grocerin the area and this location has thousands of new homes coming online. I think the bottom line here is the rarity of the sale of anew grocery-anchored center.”