- Crow Holdings acquired the 77KSF Shops at Mockingbird in Dallas from Dunhill Partners.
- Property is nearly fully leased at 94.7% occupancy and anchored by LA Fitness.
- Retail center valued at $25.5M for tax purposes, price not disclosed.
- Deal reflects Crow Holdings’ retail center acquisition strategy in high-income areas.
Retail Center Acquired Near Love Field
According to The Real Deal, Crow Holdings Capital expanded its retail portfolio with the Shops at Mockingbird acquisition. The 77KSF center sits near Dallas Love Field. Dallas-based Dunhill Partners sold the property. JLL Capital Markets brokered the transaction. The center sits at 4550 West Mockingbird Lane, just west of Highland Park.
Strong Occupancy and Demographics
The Shops at Mockingbird, built in 2008 on 6.4 acres, is 94.7% leased and anchored by LA Fitness. The tenant roster features a mix of national and regional retailers, benefiting from the center’s location in a strong retail demographic pocket. The property was valued at $25.5M for tax purposes, though sale terms were not disclosed.
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Strategic Retail Center Growth for Crow Holdings
Retail center acquisitions remain a focus for Crow Holdings, which targets stabilized properties in high-income trade areas. Recent acquisitions include major retail properties in Texas and Illinois. This approach aligns with broader portfolio expansion moves, as the firm continues adding well-leased retail assets in core markets. The firm also refinanced a portion of its retail portfolio last year and continues to manage sizable holdings across the US.
Dunhill’s Ongoing Portfolio Moves
The sale is part of a broader repositioning for Dunhill Partners, which has been active both buying and selling retail assets. CEO Bill Hutchinson called The Shops at Mockingbird a “crown jewel,” noting its appeal within one of the nation’s strongest demographic areas for retail center investments.
