Retail Center Sells For $1.2m, Remodel Set

The Fountain Village Shopping Center, a 37,000-square-foot neighborhood retail center in DeSoto, was recently sold to a Denver-based private equity real estate investment management company for $1.2 million. The retail site was acquired through a foreclosure on about 60 percent of the property's original loan value by Baceline Investments LLC from a loan special servicer.

 

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