Tuesday, November 3, 2015

HFF closes sale of Dallas-Fort Worth-area power center

Robertson's Creek Power Center, Flower Mound, TX
DALLAS, TX -- Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Robertson’s Creek, a 336,402-square-foot core power center in the Dallas-Fort Worth suburb of Flower Mound, Texas.

HFF arranged the sale of the property on behalf of the seller, a partnership between TFG Crown Partners, L.P. and Ball Ventures, LLC.  Dunhill Partners purchased the asset for an undisclosed amount. 

Completed in 2007, the 97-percent-leased Robertson’s Creek is home to anchors Belk, Hobby Lobby, Dick’s Sporting Goods, Old Navy and ULTA Beauty.  The center’s in-line shop and outparcel pad tenants include Kirkland’s, Lane Bryant, UFC Gym, Pure Barre, Which Wich?, Red Robin, Verizon Wireless and Five Below.  JCPenney shadow anchors the center.

Doug Hazelbaker
 Situated on 39.05 acres at 5801-5861 Long Prairie Road, Robertson’s Creek is in the epicenter of Flower Mound, a rapidly-growing Dallas-Fort Worth suburb that was ranked No. 2 on CNN Money Magazine’s 2014 list of “Top Earnings Towns.”  

The affluent community is less than 30 miles northwest of downtown Dallas and less than 33 miles northeast of downtown Fort Worth.

The HFF investment sales team representing the seller was led by senior managing director Doug Hazelbaker and managing director Ryan Shore.

. For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

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