DALLAS-David Disney, formerly with UCR Investment Sales, has closed on the sale of Preston Oaks shopping center in Dallas.
Preston Oaks is an upscale, grocery-anchored center located at the southeast corner of Preston Rd. and Royal Ln. in the heart of the highly affluent Preston Hollow neighborhoods. The shopping center is anchored by HEB's Central Market grocery concept and totals approximately 103,000 square feet of space.
Regency Centers of Jacksonville, FL acquired the center in an off-market transaction from a partnership controlled by Trademark Property Company who originally purchased and redeveloped the center in 1991. Stuart Brackenridge of Regency Centers negotiated the transaction on behalf of the buyer and Trademark was self-represented. Disney represented Regency Centers on the acquisition of the center and worked exclusively with Brackenridge on the transaction.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
