ROWLETT, TX-American Realty Capital-Retail Centers of America Inc. has paid $21.6 million for the Liberty Crossing Shopping Center, a 105,861-square-foot center in Rowlett. This was the first acquisition for the New York-based company in the retail real estate investment program.
The shopping center has 16 tenants. Dollar Tree, PetSmart and Ross Stores have signed long-term leases at the center. The property will be managed by Dallas-based Lincoln Property Co. For the full story, go to Dallas Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.