DALLAS—DuWest Realty's Will Walters and Scott Rodgers, a Dallas-based team, specializes in the disposition of single and multi-tenant retail centers throughout the Texas and Oklahoma markets. Its newly formed investment services group has announced the closing of 11 transactions totaling more than $64 million in sales volume since launching in fourth quarter 2015.
“Large institutional funds as well as private 1031 capital continue to sustain a strong transactional market,” Walters said.
The team has several new retail listings coming to market within the next 30 days. First quarter 2016 transactions that DuWest completed include:
Maple and Wycliff: A 4,700-square-foot two-tenant 7-Eleven retail center at 4331 Maple Ave. in Dallas where Walters and Rodgers represented the seller. Waylon Longino with Noble RE represented buyer Consolidated-Tomoka Land Co.
2633 McKinney Ave.: Stockdale Investment Group sold the 10,700 square foot retail center in Uptown Dallas where Walters represented the purchaser, an institutional investment group.
Addison Plaza: A 32,252-square-foot retail center anchored by Chipotle at 3711 Belt line Rd in Addison, TX where Rodgers represented the buyer, a local partnership.
Harvest Plaza: A 20,250-square-foot Walmart shadow-anchored shopping center at 2014 N. State Highway 78 in Wylie, TX. Walters represented the seller and the buyer was a local partnership.
MacArthur and 114 Las Colinas: A two-tenant retail building anchored by Spin Pizza at 1030 W. John Carpenter Freeway where Rodgers represented both the buyer and seller in this transaction.
Shoppes at Camp Bowie: A 16,269-square-foot retail center anchored by AT&T at 6370 Camp Bowie Blvd. in Fort Worth where Rodgers represented the buyer, a local partnership.
Walters tells GlobeSt.com: “We expect institutional and 1031 activity to continue throughout the year as Texas markets continue to be a focus for national investors.”
DALLAS—DuWest Realty's Will Walters and Scott Rodgers, a Dallas-based team, specializes in the disposition of single and multi-tenant retail centers throughout the Texas and Oklahoma markets. Its newly formed investment services group has announced the closing of 11 transactions totaling more than $64 million in sales volume since launching in fourth quarter 2015.
“Large institutional funds as well as private 1031 capital continue to sustain a strong transactional market,” Walters said.
The team has several new retail listings coming to market within the next 30 days. First quarter 2016 transactions that DuWest completed include:
Maple and Wycliff: A 4,700-square-foot two-tenant 7-Eleven retail center at 4331 Maple Ave. in Dallas where Walters and Rodgers represented the seller. Waylon Longino with Noble RE represented buyer Consolidated-Tomoka Land Co.
2633 McKinney Ave.: Stockdale Investment Group sold the 10,700 square foot retail center in Uptown Dallas where Walters represented the purchaser, an institutional investment group.
Addison Plaza: A 32,252-square-foot retail center anchored by Chipotle at 3711 Belt line Rd in Addison, TX where Rodgers represented the buyer, a local partnership.
Harvest Plaza: A 20,250-square-foot Walmart shadow-anchored shopping center at 2014 N. State Highway 78 in Wylie, TX. Walters represented the seller and the buyer was a local partnership.
MacArthur and 114 Las Colinas: A two-tenant retail building anchored by Spin Pizza at 1030 W. John Carpenter Freeway where Rodgers represented both the buyer and seller in this transaction.
Shoppes at Camp Bowie: A 16,269-square-foot retail center anchored by
Walters tells GlobeSt.com: “We expect institutional and 1031 activity to continue throughout the year as Texas markets continue to be a focus for national investors.”
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
