NETCO INVESTMENTS, INC. AND COLUMBUS PACIFIC PROPERTIES ANNOUNCE THE ACQUISITION OF LINCOLN COURT SHOPPING CENTER IN ARLINGTON, TX

Arlington, TX- Santa Monica based NetCo Investments, Inc. and Columbus Pacific Properties have acquired Lincoln Court, a 158,266 square foot shopping center located between I-20 and US Hwy 287 in Arlington, Texas.

Situated on 15.03 acres, the 74% percent leased center is anchored by LA Fitness and comprised of both national and regional tenants. Wal-Mart Supercenter is currently under construction directly across US Highway 287.

NetCo Investments, Inc., and Columbus Pacific Properties plan to redevelop the vacant portions of the shopping center, which includes a 31,739 square foot former theater. Several different conceptual plans are being discussed and the final one will be predicated based on tenant interest and leasing activity.

For more information about this project or to submit an acquisition opportunity, please visit our website at www.netcoinvestments.com or call 310-998-8300.