PRECISION INVESTMENTS IN THE NEWS

Investors are shopping for DFW retail centers

Dallas-based Precision Investments last month purchased the three-building Shops at Eastside on U.S. Highway 75 in Richardson.

Precision Investments partner Dan Avnery said his firm is seeing a greater interest in retail purchases.

Telecom Corridor shopping center sells to local investor

Dallas-based Precision Investments purchased the Shops at Eastside from an Illinois-based investor that owned the property since 2016.

“This is the seventh shopping center that Precision Investments has acquired within the Dallas-Fort Worth Metroplex in the past few years.” said Dan Avnery, who formed the retail investment firm with partner Stewart Korte.

Avnery said the company “would like to continue to bet on the future stability and growth of the Metroplex, with plans to acquire many more properties in the area in the coming months and years.”