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Texas  + State of Texas  + Retail  | 
Disney Sells off Chimney Rock power center in Odessa

Odessa Power Center Sells to Fidelis

Dallas-based brokerage firm Disney Investment Group has arranged the sale of Chimney Rock, a 294,431-square-foot retail power center located in the West Texas city of Odessa.

Built in 2012 and expanded in 2016, Chimney Rock was 93 percent leased at the time of sale. The centers tenants include Academy Sports + Outdoors, Best Buy, Marshalls, Ulta Beauty, Petco, Northern Tool + Equipment, Mattress Firm, Kirkland’s and Longhorn Steakhouse.

David Disney and Adam Crockett of Disney Investment Group represented the undisclosed seller and procured the buyer, Houston-based investment firm Fidelis, in the transaction.

Fidelis has grown to approximately 16 million square feet with over 60 properties in Texas, New Mexico, Louisiana, Tennessee, South Dakota, and Colorado. They are headquartered in Houston

Disney Investment Group (DIG) is a Dallas-based capital markets firm that has executed the sale of more than $2.7 billion of retail properties including approximately $1.67 billion of transaction volume since 2012.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition
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