DALLAS – Rainier Realty Investments has acquired Wheatland Towne Crossing, a 207,669-sf retail center at 2525 W. Wheatland Rd., near the intersection of I-20 and US 67.
Shadow anchored by Target and ALDI, the property was 92 percent leased at the time of sale to tenants including Party City, Office Depot, PetSmart, and Dollar Tree.
Metropolitan Capital Advisors arranged a $23 million, floating-rate bridge loan on behalf of the new owner.
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