Terrell, Texas — Younger Partner Investments (YPI) and Terrell Younger LLC have acquired Crossroads at Terrell, a 260,876-square-foot power center located in Terrell, roughly 30 miles east of Dallas. Situated on 29 acres, Crossroads at Terrell was built between 2019 and 2024. The fully leased center features a mix of tenants including Academy Sports + Outdoors, Hobby Lobby, Marshalls, Bealls, Ross Dress for Less, Petco, Ulta Beauty, Five Below and Buffalo Wild Wings, among others.
Kathy Permenter and Moody Younger of YPI represented the buyers. Philip Levy of Institutional Property Advisors (IPA) and Chris Gainey of Marcus & Millichap represented the seller, RealtyLink LLC, in the transaction. In addition, Adam Mengacci and Travis Headapohl of IPA arranged acquisition financing through a regional bank and a preferred equity investment from a national REIT.