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323,000-SF Casa Linda says 'hola' to new owners323,000-SF Casa Linda says 'hola' to new ownershttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112732015-12-01T06:00:00Z2015-12-01T17:00:00Z

DALLAS - Northeast Dallas' landmark Casa Linda shopping center has sold to South Carolina-based real estate investors Edens, as part of a nationwide property company merger.

The 323,000-sf complex — at Garland Rd. and Buckner Blvd. near White Rock Lake — is one of Dallas' oldest retail centers and has anchors including Elliott's Hardware, Albertsons, Petco and El Fenix.

"This center is a part of the fabric of East Dallas and the White Rock Lake area; it's entrenched in the community," Chad Braun, Edens managing director. "Our goal is to continue to be good stewards of the property and maintain that reputation."

Casa Linda was purchased as part of Edens' $763 million acquisition of Houston-based AmREIT, which bought Casa Linda in 2006 and owned several other Dallas-area shopping centers including MacArthur Park in Irving, Preston Towne Crossing in Plano and Uptown Plaza in Dallas' Uptown neighborhood.

Dallas Morning News
Dallas-Fort Worth-Arlington
Retail
http://bizbeatblog.dallasnews.com/2015/11/dallas-landmark-casa-linda-shopping-center-in-new-hands-with-sale-of-houston-owner-to-south-carolina-firm.html/

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