North Texas big box retail stores are up for foreclosure

Seven North Texas big box retail stores are threatened with foreclosures. The retail buildings are all occupied by Walmart Neighborhood Markets sto...

September 28, 2022
3:50 AM

Seven North Texas big box retail stores are threatened with foreclosures. The retail buildings are all occupied by Walmart Neighborhood Markets stores and are owned by Carrollton-based investor Riba Walmart Investment LLC. The investor that owns the buildings and leases them to Walmart has defaulted on $41.5 million in loans, according to Foreclosure Listing Service, a McKinney company that tracks property foreclosure filings. 'These pre-foreclosure postings are highly unusual,' Aaron Amuchastegui, CEO of Foreclosure Listing Service said in a statement.

Steve Brown