Disney Investment Group Negotiates Sale of 167,000 SF Shopping Center in Mesquite, Texas

by Taylor Williams

MESQUITE, TEXAS — Local brokerage firm Disney Investment Group (DIG) has negotiated the sale of Towne Crossing, a 167,000-square-foot shopping center in Mesquite, an eastern suburb of Dallas. Kroger anchors the center and recently committed to a 10-year lease renewal. David Disney of DIG represented the seller, Ohio-based retail REIT Phillips Edison & Co., in the transaction. The buyer, Chicago-based Newport Capital Partners, plans to make capital improvements to the property.

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