UCR Investment Sales Closes on the Sale of Arlington Park Square
DALLAS, Texas, October 30, 2014 — UCR Investment Sales, a division of UCR, today announced the sale of Arlington Park Square, a 94,125 square foot value-add specialty retail center located in Arlington, Texas.
Arlington Park Square is located at the northeast corner of South Cooper Street and West Arbrook Boulevard, in Arlington, Texas. It is anchored by The Parks at Arlington Mall and shadow-anchored by Fitness Connection. The Property was 47% occupied at the time of sale and five retail pad sites, including ground leases for Jack in the Box, Rockfish Seafood Grill and Raising Cane’s, were also a part of the transaction.
UCR Investment Sales’ Adam Howells, Jace Hinderland and Jessica Donnelli marketed and sold the property exclusively on behalf of the Dallas-based seller. Bo Avery, president of TriMarsh Properties, purchased the retail center for an undisclosed price.