Disney Investment Group Arranges Sale of 101,507 SF Shopping Center in Richardson, Texas

RICHARDSON, TEXAS — Locally based brokerage firm Disney Investment Group (DIG) has arranged the sale of Arapaho Village, a 101,507-square-foot shopping center located in the northeastern Dallas suburb of Richardson. A 43,256-square-foot Tom Thumb grocery store anchors the center, which was roughly 92 percent leased at the time of sale. Other tenants include Papa John’s Pizza, Dutch Bros Coffee, WellMed and Anytime Fitness. David Disney and Adam Crockett of DIG represented the seller, New York City-based WASA Properties, in the transaction. An affiliate of Weitzman acquired the center for an undisclosed price. JLL arranged a six-year-fixed-rate acquisition loan through an undisclosed life insurance company for the deal as well as joint venture equity from an unnamed partner.