DALLAS, TX – Acadia Realty Trust has acquired a 15-property retail portfolio, totaling 124,000 square feet, in Dallas, TX. The firm acquired the collection of properties from CIM Group and Open Realty Advisors.
Spanning one mile along Henderson Ave., the properties comprise single-story, standalone buildings, as well as more than 160,000 square feet of development potential across 4.3 acres of land.
CIM Group and Open Realty Advisors initially acquired the retail properties in 2012, and the partnership has since added a mix of retail tenants to the area, including Warby Parker, Bonobos, Tecovas, the Black Tux, Knot Standard, CorePower Yoga, Heyday Skincare, Salon 5014, and restaurants such as Gemma, Sfuzzi, the Skellig, High Fives, Shell Shack, the Porch and Tei Tei Robata Bar.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
