 |
Kaitlin Kane
|
AUSTIN, TX – JLL Capital Markets has
arranged the acquisition financing for two retail centers in high-growth
markets in Central Texas, including the 7,090-square-foot The Shops at The
Rim in San Antonio and the 6,991-square-foot 3701 Guadalupe
in Austin.
 |
Hunt Wood
|
JLL worked on behalf of the borrower, Door Capital Partners,
to secure the five-year, fixed-rate loan. Additionally, JLL marketed The Shops
at Rim on behalf of the seller.
Financial details of the deal were not disclosed.
Located at 6028
Worth Parkway, The Shops at The Rim is situated within the
1.8-million-square-foot mixed-use
district, The Rim, in northwest San Antonio.
 |
| CW Sheehan |
The property is easily
accessible from I-10 surrounded by San Antonio’s largest employment centers,
top-end demographics, entertainment destinations and education and military
hubs.
Built in 2012, The center is 100% occupied, and tenants include
The Rim Dental Care, Starbucks Coffee, Pigtails & Crewcuts and GNC.
3701 Guadalupe is located on
the northern edge of West Campus, in the center of off-campus living for
University of Texas students.
 |
Chris Gerard
|
It is also within proximity to the affluent neighborhoods within
Austin, such as Hancock, Hyde Park and Old West Austin.
The 1976-built center is 100-percent leased to Domino’s,
Walgreens, Smile Haus, Body Brite and Evo Performance.
The JLL Capital Markets Debt Advisory team
representing the borrower was led by Senior Director CW Sheehan and
Analysts Kaitlin Kane and Hunt Wood.
The JLL
Capital Markets Investment Sales Advisory Team was led by Senior Managing
Director Chris Gerard and Analyst Jack Copher.
 |
| Jack Copher |
JLL Capital Markets is a full-service global
provider of capital solutions for real estate investors and occupiers.
The firm's in-depth local market and global
investor knowledge delivers the best-in-class solutions for clients — whether
investment and sales advisory, debt advisory, equity advisory or a
recapitalization.
The firm has more than 3,000 Capital Markets
specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources on
JLL, please visit our newsroom.
3701 Guadalupe shopping center, Austin, TX
About Door Capital Partners
Door Capital Partners is a
private equity firm that invests in hospitality and commercial real estate
assets.
 |
The Shops at The Rim is situated
within the 1.8-million-square-foot
mixed-use district, The Rim,
in northwest San Antonio. |
Through strategic execution and
efficient management, Door Capital Partners generates attractive returns for
its investors, and makes a positive impact on the people and the communities
where it invests.
 |
Alex Arregui
|
The firm was founded in Austin, TX, in 2020 by Alex Arregui,
Alex Suarez and Jerry Carreno. Its retail division is a joint venture with
Kiva Grupo Inmobiliario, out of Guadalajara, Mexico.
About JLL
JLL
(NYSE: JLL) is a leading professional services firm that specializes in real
estate and investment management.
JLL shapes the future of real estate for a
better world by using the most advanced technology to create rewarding
opportunities, amazing spaces and sustainable real estate solutions for our
clients, our people and our communities.
 |
| Alex Suarez |
JLL is a Fortune 500 company with
annual revenue of $19.4 billion, operations in over 80 countries and a global
workforce of more than 102,000 as of September 30, 2022. JLL is the brand name,
and a registered trademark, of Jones Lang LaSalle Incorporated. For further
information, visit jll.com.
CONTACT:
Jenna Sharp
JLL, Public Relations
Dallas, Texas
M +1 214 394 3356
Jenna.Sharp@jll.com
JLL.com
