Delta Farms LLC Acquires Riverbirch Plaza Retail Center From Action Properties In Grenada For $99.1M

The property asset involved in this transaction is a retail shopping center named Riverbirch Plaza, located at 1201–1231 Sunset Drive in Grenada, Mississippi. The asset encompasses a total square footage of 99,097 and sits on a 9.5-acre lot. The property, constructed in 1976, is fully leased and features tenants such as Harbor Freight, Dollar General, and The UPS Store.

The transaction was brokered by Marcus & Millichap, with Mickey Davis, Chris Leppanen, and Davis Owen representing the seller, Action Properties. Additionally, Davis Owen secured the buyer, Delta Farms LLC, as part of the transaction process.