Inland Real Estate Acquisitions purchases Texas shopping center

OAK BROOK Inland Real Estate Acquisitions has negotiated and helped close the purchase of Denton Village, a 46,300-square-foot shopping center in Denton, Texas,

Located approximately 40 miles north of Dallas, the shopping center was build in 2016 and is anchored by Sprouts Farmers Market. Tenants at the center include Pet Supermarket, Domino's Pizza, T-Mobile and Hollywood Nails.

Matt Tice, senior vice president of Inland Real Estate Acquisitions facilitated the transaction, with assistance from David Neboyskey, assistant vice president and associate counsel of The Inland Real Estate Group, on behalf of an institutional fund advised by Inland Institutional Capital.

"Denton Village's prime location in Denton, which is home to the University of Texas and Texas Woman's University, added to the appeal of this necessity-based retail property," said Tice. "Drawing more than 141,000 consumers within a five-mile radius, the property boasts strong demographics, making it a prime example of the type of retail acquisitions we continue to seek out."