Deal Snapshot
BACELINE INVESTMENTS ADDS 3 US SHOPPING CENTRES TO CORE INCOME PORTFOLIO
Thursday 11 July 2019

Denver, US-based boutique private equity real estate company Baceline Investments, LLC has acquired two properties in Dallas and one in Indianapolis, for its core income portfolio, the company said.
Totaling more than 170,000 square feet of retail space across the properties, the acquisitions include the Westlane Shopping Centre, a 71,602-square-foot retail centre in Indianapolis; Cooper St Marketplace, a 75,974-square-foot multi-tenant shopping centre in South Arlington, Texas near Dallas; and Tarrant Parkway, a 33,171-square-foot property in Dallas.


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Details
Date Published: 11/07/2019
Target: Westlane Shopping Centre (Indianapolis), Cooper St Marketplace (near Dallas) and Tarrant Parkway (Dallas)
Country: USA
Sector: Construction/Real Estate
Type: Corporate acquisition
Financing: Cash and Stock
Status: Agreed
Vendor:
Buyer: Hitachi Data Systems Corp
Comment:
Terms of the deal were not disclosed

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