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Fort Worth, Texas — Whitestone REIT has acquired 5000 South Hulen, an 86,907-square foot shopping center in Fort Worth. Located adjacent to Hulen Mall, Old Navy and Barnes & Noble anchor the property, which was 96 percent leased at the time of sale. Additional tenants include Sephora, Old Navy, Potbelly Sandwich Works, Sports Clips, Kincaid’s Hamburgers and Jamba Juice. Chris Gerard, Erin Lazarus and Adam Howells of JLL’s Investment Sales team represented the sellers, Trademark Real Estate and ALTO Real Estate, in the transaction.
The acquisition of 5000 South Hulen marks Whitestone’s 29th property in Texas and 10th in the Dallas-Fort Worth metroplex.