Texas

Dallas — Partners Capital has acquired Kessler Hills Shopping Center, a 102,020-square-foot retail center located in the Kessler Park neighborhood of Dallas. Originally built in 1989, the two-building property is situated on 10 acres. The United Education Institute and Colaw Fitness anchor the center, which was 98.6 percent leased at the time of sale. Partners Capital plans to renovate the property with improved retail frontage along Fort Worth Avenue, monument sign enhancements and upgraded tenant signage. This deal marks the fifth property to be acquired through Partners Capital’s Opportunity V …

Boerne, Texas — Headwall Investments has acquired the Tower at Boerne, a 26,000-square-foot shopping center located in Boerne, roughly 20 miles northwest of San Antonio. This transaction marks the firm’s 18th shopping center acquisition, expanding its portfolio to more than 610,000 square feet across the metro Texas areas of Austin, San Antonio, Dallas-Fort Worth and Houston. The center was fully leased to a mix of food and service tenants including Papa Johns Pizza, Jersey Mike’s, Supercuts, JuiceLand, Buffalo Wild Wings, HOTWORX, Firehouse Subs, AT&T, Salata Salad Kitchen, Red Wing Shoes, T-Mobile, …

Houston — CenterSquare Investment Management has acquired Shops at Aliana Trace, a newly constructed, 40,000-square-foot shopping center located in Houston. The property is situated adjacent to Grand at Aliana, a 200,000-square-foot retail power center. Target and H-E-B anchor the Shops at Aliana Trace, which was fully leased at the time of sale. Additional tenants include Big Blue Swim, Salon by JC and Wayback Burgers. The property is CenterSquare’s sixth acquisition in Houston.

Austin, Texas — Houston-based Whitestone REIT has acquired San Clemente at Davenport, a 31,832-square-foot retail center located in Austin. Austin-based Mexican restaurant chain Fresas Chicken anchors the center. Other tenants at the property include Iron Fitness and Greenlake Energy. San Clemente at Davenport marks the fifth neighborhood shopping center Whitestone has acquired in Austin. Shea Petrick and Chris Gerard of JLL Capital Markets’ Investment Sales and Advisory team represented the seller, HPI Real Estate Services & Investments, in the transaction.

Magnolia, Texas — Marcus & Millichap has brokered the sale of Windcrest Village Square, a 14,907-square-foot retail center located in Magnolia, roughly 45 miles northwest of Houston. Built in 2023, the center sits on 1.6 acres and is fully leased to a mix of tenants including The Toasted Yolk, Sugar Llamas, Anytime Fitness, Kitchen & Bath Shop and Ally Anne’s Kolache Kitchen. Allie Munday and Philip Levy of Marcus & Millichap’s Dallas office represented the seller in the transaction.