HFF closes sale of Fossil Creek Shopping Center in Fort Worth, TX

DALLAS, TX – The Dallas office of HFF (Holliday Fenoglio Fowler, L.P.) has closed the sale of Fossil Creek Shopping Center, (top right photo) a 68,492-square-foot retail center in Fort Worth, Texas.

The HFF investment sales team was led by senior managing director Jim Batjer (top left photo) and managing director Adam Howells (bottom right photo) who represented the seller, Dunhill Partners, Inc.

Sandstone Fossil Creek Associates, LLC purchased Fossil Creek for an undisclosed amount and assumed an existing $8.64 million loan on the center. Midland was the servicer.

Situated on a 6.4-acre site, Fossil Creek Shopping Center is located at 4296 – 4398 Western Center Boulevard and 6401 Beach Street adjacent to The Golf Club at Fossil Creek, and close to Interstate 35 West and Interstate Highway 820 in Fort Worth.

The property is shadow-anchored by Albertson’s and is currently 98% leased to tenants including Family Dollar, Card & Party Factory, Cato, Starbucks and H&R Block.
Dunhill Partners specializes in commercial real estate sales, leasing and management in Dallas and Fort Worth.

HFF (NYSE: HF) operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry.

HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sales and note sale advisory services and commercial loan servicing. http://www.hfflp.com/.

CONTACTS:

Jim C. Batjer, HFF Senior Managing Director, 214 265 0880, jbatjer@hfflp.com

Adam T. Howells, HFF Managing Director, 214 265 0880, ahowells@hfflp.com

Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com