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Tri-State Commercial Takes Over 170,015-SF Hulen Bend Village Center

FT. WORTH-A prime piece of real estate in a bustling Ft. Worth retail corridor has a new owner. Tri-State Commercial has paid a tad more than $16 million for the Hulen Bend Village Center, which had boasted a 94% occupancy at sale time.

By Connie Gore | Updated on January 27, 2001

FT. WORTH-The metroplex retail market has experienced another sale. This time, it’s the 170,015-sf Hulen Bend Village Shopping Center, situated south of Hulen Mall and Interstate 20 in Ft. Worth.

The property has fetched in the low- to mid-$16 million, GlobeSt.com has been told. Seller ACLP Centennial Hulen Village LP has been represented by Ken Shulman, senior vice president and director the Staubach Co.’s investment sales division. Coy Quine and Bob Robbins of Dallas-based Quine & Associates, which has been assigned leasing and management, acted on behalf of buyer, Tri-State Commercial Associates.

The center, sited on 18.29 acres, is positioned “in one of the most dynamic retail districts in the Dallas-Ft. Worth metroplex,” says Shulman. The sale, he tells GlobeSt.com, includes all retail pads, now occupied by Taco Bueno, Pizza Hut, KFC and Whataburger. The prime retail property takes up the southwest corner of South Hulen Street and Hulen Bend Boulevard, a high-traffic intersection.

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