Home Industries Real Estate Festival Foods sells Greenfield store building to REIT

Festival Foods sells Greenfield store building to REIT

By
Cara Spoto
-
Festival Foods has sold its Greenfield supermarket to a Texas real estate investment trust (REIT) $22.3 million. (Loopnet.com)

Festival Foods has sold its Greenfield supermarket building to a Texas-based real estate investment trust (REIT) for $22.3 million. NETSTREIT of Dallas purchased the 130,125-square-foot building located at 4777 S. 27th St. on Dec. 29., according to property records posted Wednesday by the state. The Onalaska-based grocery store chain opened the Greenfield store in the

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Cara Spoto
Cara Spoto, former BizTimes Milwaukee reporter.

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Festival Foods has sold its Greenfield supermarket building to a Texas-based real estate investment trust (REIT) for $22.3 million. NETSTREIT of Dallas purchased the 130,125-square-foot building located at 4777 S. 27th St. on Dec. 29., according to property records posted Wednesday by the state. The Onalaska-based grocery store chain opened the Greenfield store in the summer of 2021. Constructed in 1970, the building had previously been occupied by a Target store, which was closed in 2019.

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