- Younger Partners Investments bought Crossroads at Terrell, a fully leased 260,876 SF power center 30 miles east of Dallas, from RealtyLink for an undisclosed price.
- A regional bank’s senior loan and preferred equity from a national REIT financed the deal, and the center ranked as Texas’ third most-visited retail destination in 2025, per Placer.ai.
- DFW retail fundamentals are firm, with Q3 net absorption near 1.4M SF and 5.4% vacancy, which supports buyers underwriting stabilized power centers despite elevated financing costs.
Dallas firm Younger Partners Investments and Terrell Younger LLC have purchased Crossroads at Terrell, a 260,876 SF Class A power center that’s 100% leased, Commercial Property Executive reports.
RealtyLink was the seller, and the price wasn’t disclosed.
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The Property
The shopping center covers 29 acres in Kaufman County. It’s located at the Interstate 20 and Spur 557 interchange, about 30 miles from Dallas. Developers completed the project in phases between 2019 and 2024. A Buc-ee’s is also nearby.
Academy Sports + Outdoors and Hobby Lobby serve as the center’s anchors. Meanwhile, smaller tenants include Ross Dress for Less, Ulta Beauty, Petco, Five Below and Buffalo Wild Wings. Marshalls and Bealls round out the tenant lineup.
Deal Team and Financing
The deal was financed through two sources. First, a regional bank provided a senior loan. Additionally, a national REIT contributed a preferred equity investment. IPA’s Adam Mengacci and Travis Headapohl structured the financing.
On the sell side, Institutional Property Advisors’ Philip Levy worked with Marcus & Millichap’s Chris Gainey to broker the transaction. Meanwhile, YPI’s Moody Younger and Kathy Permenter led the buyer team.
Zoom Out
Micah Ashford, who manages YPI, said in a statement that Placer.ai data ranked Crossroads third among Texas retail destinations by visits in 2025. He also said the purchase makes financial sense under current financing conditions. In particular, rent growth, steady occupancy and cost control helped support the deal.
This marks YPI’s second notable Texas retail acquisition this year. In March, the firm bought three centers in north Fort Worth totaling 375,000 SF. Developer Weber & Co. sold the properties, which had Target and Costco nearby as shadow anchors. Furthermore, every space was occupied.
Why It Matters
DFW’s retail market continues to show resilience. According to Partners Real Estate, Q3 net absorption reached nearly 1.4M SF. That’s up from 1.0M SF in Q2. Meanwhile, vacancy stood at 5.4%, with about 1.6M SF delivered and another 7.2M SF under construction.
Nationally, new retail supply is also declining. For example, CRE Daily reported CoStar data showing retail starts totaled 7.7M SF in Q3. That was the lowest quarterly figure since at least 2016. As a result, well-leased existing centers face less competition from new developments.
What’s Next
Partners Real Estate reported that investment sales reached nearly 4.5M SF during the quarter. Given these conditions, stabilized centers with full occupancy and national tenants could continue attracting the most buyer interest, especially if financing remains tight.
