Hulen Fashion Center Sees Increased Leasing Activity

FORT WORTH-After losing Burlington Coat Factory as an anchor tenant and going into foreclosure, Hulen Fashion Center’s occupancy dropped to 43% last summer. But leasing activity at the 182,069-square-foot shopping center has increased over the last six months, according to Scott Rose, senior vice president with The Retail Connection, which handles leasing for the 1980s-era property.

Rose tells GlobeSt. that Hulen Fashion Center was taken off the market while The Retail Connection and the property’s special servicer worked to bring a national retailer to the center. For more than a year, the team negotiated with the prospective tenant for more than 70,000 square feet, which would have involved demolishing a portion of the center. That deal fell through because a number of existing tenants could not be relocated.