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Thursday, October 22, 2020
Real Estate Arlington shopping center sold

Arlington shopping center sold

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CBRE on Oct. 1 announced the sale of Bardin Place, a 420,550-square-foot retail center in Arlington. Dallas-based Vista Property Company purchased the asset from Brixmor Property Group for an undisclosed price.

Bardin Place, located just south of Interstate 20 at the northwest corner of S. Cooper Street and Bardin Road, is a premier grocery-anchored power center located in the retail epicenter of Arlington. The center is 99.8 percent leased to an impressive line-up of tenants, including new-to-Texas grocer WinCo, Hobby Lobby, Ross, Hemispheres and Dollar Tree.

“The buyer was attracted to the grocery anchor, the underlying real estate and the strong anchor sales within Bardin Place,” said Chris Gerard, senior vice president, CBRE. “Vista Property Company has been strategically acquiring well located shopping centers and Bardin Place gives Vista’s organization a large, well-performing center in the middle of one of the largest MSA’s in the country.”

Gerard, Chris Cozby and Blaine Dozier of CBRE National Retail Partners represented the seller in the transaction.

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