Timber Creek Cash Wise Acquisition!

09/11/2020

Dakota REIT announces the acquisition of Timber Creek Cash Wise located in Fargo, ND.The 59,000 SF retail center consists of a grocery store, liquor store, gas pumps and car wash on seven acres. This acquisition is closely aligned with Dakota REIT’s investment philosophy which has a specific focus on grocery-anchored, multi-family and industrial asset classes. “Grocery-anchored assets perform well in both strong and weak economic cycles.” said Matthew Pedersen, Executive Vice President. “This acquisition also aligns with our focus on growth cities in the upper Midwest.”