DIG Sells 5 Shopping Centers in Missouri and Iowa Totaling 438,861 SF
Dallas, Texas (August 6, 2019) – Disney Investment Group (DIG) announced today it has brokered the sale of five (5) retail centers in five different cities in Missouri and Iowa. The retail portfolio consists of 438,861 square feet with an average occupancy of 91% and includes three grocery-anchored centers. Major tenants for the retail properties include ALDI , Gerbes (a subsidiary of Kroger Co.), County Market, Orscheln, Fresenius Medical, Dollar Tree and Dollar General. Below is a list of the assets sold:
|Missouri properties||Square Feet|
|Camden County shopping center||106,504|
|Twin Pike shopping center||70,679|
|South Trails center||146,880|
|Lincoln County center||70,002|
|TJ Maxx & Staples (Target shadow)||44,796|
David Disney and Adam Crockett of DIG brokered the sales on behalf of a private investment partnership and also procured the buyers for each property.
About Disney Investment Group
Disney Investment Group (DIG) is a Dallas-based boutique capital markets firm that has executed the sale of more than $2.3 billion of retail properties including approximately $1.25 billion of transaction volume since 2012. For more information on DIG, please visit disneyig.com.