Retail Plazas has acquired Belt Line Square in the Addison submarket of Dallas, Texas. The 35,252-square-foot retail center traded for an undisclosed price. The property, which is 48% occupied, is bank owned.
Pennsylvania Real Estate Investment Trust has sold the 717,000-square-foot Paxton Towne Centre in Lower Paxton Township for $76.8 million.
The property is anchored by Target, Costco, Kohl’s and Weis Markets.