Carnegie Companies is pleased to announce the acquisition of University Plaza, a neighborhood shopping center approximately 98,000 square feet, located southwest of the Dallas Fort Worth Metroplex, in Stephenville, Texas. University Plaza is anchored by Big Lots and Family Dollar, adjacent to Tarleton State University. This acquisition fulfills both forward and reverse 1031 exchanges and presents Carnegie with a stable in-place income stream, which offers upside through the lease-up of the current vacancy.
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