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Waco, Texas — JLL Capital Markets has negotiated the sale of a portion of Central Texas Marketplace, a 526,000-square-foot power center located in Waco. A James Nix entity doing business as G3C Operating LLC purchased a 181,708-square-foot component of the center, which features Sprouts Farmers Market, Best Buy, Office Depot and Burlington.
Adam Howells, Barry Brown, Erin Lazarus and Brennan Fewin of JLL’s Investment Sales and Advisory team represented the seller, Ball Ventures, in the transaction.
Built between 2005 and 2015, Central Texas Marketplace is anchored by Cabela’s. Other tenants include Belk, Kohl’s, Ross Dress for Less, Marshalls, HomeGoods, Old Navy, Ulta Beauty, Petco, Skechers and pOpshelf.