PREP Acquires 654,666-Square-Foot Shadow Lake Towne Center in Nebraska

Shadow Lake Towne Center in Papillion, Nebraska, is home to tenants such as Dick’s Sporting Goods, JC Penney and Ulta Beauty. (Photo courtesy of Shadow Lake Towne Center) Shadow Lake Towne Center in Papillion, Nebraska, is home to tenants such as Dick’s Sporting Goods, JC Penney and Ulta Beauty. (Photo courtesy of Shadow Lake Towne Center)

Papillion, Neb. — PREP Property Group Inc. has acquired Shadow Lake Towne Center, a 654,666-square-foot shopping center in Papillion, located 13 miles south of Omaha.

Other terms of the transaction were not disclosed. Originally built in 2007, the property is home to Dick’s Sporting Goods, JC Penney, Ulta Beauty, Bed Bath & Beyond, Best Buy, PetSmart and Old Navy, among others.

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