The Inland Real Estate Group of Cos. Inc. acquired the Waxahachie Crossing shopping center from Emerging Market Partners LLC for $15.5 million, or nearly $160 per square foot.
Waxahachie Crossing consists of three structures totaling 96,983 square feet near U.S. routes 287 and 77 in Waxahachie, TX. Built in 2009, the retail property is anchored by Best Buy, Ross Dress for Less and PetSmart. Its shadow anchors include JCPenney and The Home Depot.
Craig Fuller and Scott Wiles of Marcus & Millichap’s Cleveland, OH, office and Erin Patton of the firm’s Columbus office brokered the transaction. Jason Vitorino of the firm’s Dallas office also provided representation. There was no outside broker representation for the buyer.
Please refer to CoStar COMPS #2063487 for more information on this transaction.