McKinney and Longview, Texas — Younger Partners Investments (YPI) has acquired a two-property retail portfolio totaling 288,063 square feet in Texas. Developer Weber & Co. was the seller. The properties include McKinney Towne Crossing and Longview Towne Crossing. Located in McKinney, approximately 32 miles north of Dallas, McKinney Towne Crossing comprises 137,287 square feet and was 98 percent leased at the time of sale. Tenants at the property include FedEx Office, Buffalo Wild Wings, Leslie’s Pool Supplies, Cook Children’s Pediatrics, Storming Crab, Jimmy John’s and Mattress Firm.
Longview Towne Crossing, is located in Longview and totals 150,775 square feet. PetSmart, Five Below and Old Navy anchor the center, which was 95 percent leased at the time of sale. Other tenants at the property include James Avery Artisan Jewelry, Cowboy Chicken, Sport Clips, Ulta Beauty, Crumbl Cookies, Sleep Number and Lane Bryant.