TIC group buys 200,000 square feet in Texas

Retail asset sits on more than a dozen acres

A New York City-based joint venture recently sold the Parkdale Shopping Center in Waco, Texas, for an undisclosed amount. The Brooklyn, N.Y., partnership unloaded the 201,392-square-foot property on a Southern California-based tenant-in-common group. Located at 5900 Bosque Blvd., Parkdale Shopping Center is situated on a 16-acre lot at the intersection of North Valley Mills Drive and Bosque Boulevard. Retailers at the time of sale included Hobby Lobby, Big Lots, FedEx Kinko's, Papa John's Pizza, Chili's and Drug Emporium. ...