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Fifth Corner Acquires Park Village Shopping Center In Southlake, TX

Property Image
SOLD

Texas

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Retail185,000 SF
Sold 01/26/2024
the dealdetailscomps
Property Image
SOLD

Fifth Corner Acquires Park Village Shopping Center In Southlake, TX

1065 East Southlake Boulevard

See Similar Deals
Retail185,000 SF
Sold 01/26/2024
the dealdetailscomps

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:185,000 SF
Transaction Type:Sale

The Park Village shopping center in Southlake, TX, has been acquired by Houston-based investor Fifth Corner. The over 185,000-square-foot center, anchored by popular retailers like REI and West Elm, was previously owned by Excel Trust Inc.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Square Footage: 185,000 SF
  • Address: 1065 East Southlake Boulevard
  • Market: Southlake
  • Acres: 19

Fifth Corner, represented by their broker Tenel Tayar, continues to expand their real estate market portfolio with this acquisition. The Park Village shopping center features tenants such as IKEA and Michael's, and is an attractive asset for Fifth Corner's investment strategy.

Players

FC
Fifth Corner
BUYER

Details

SOLD
IMAGE: Tenel Tayar DATE: 01/26/2024 ADDRESS: 1065 East Southlake Boulevard MARKET: Southlake ASSET TYPE: Retail ~ SF: 185,000 ~ ACRES: 19 BUYER: Tenel Tayar - Fifth Corner NOTE: The Park Village shopping center in Southlake, TX, with tenants including IKEA and Michael’s, has been acquired by Houston-based investor Fifth Corner. The over 185,000-square-foot center, anchored by popular retailers like REI and West Elm, was previously owned by Excel Trust Inc., and Fifth Corner continues its portfolio expansion in the real estate market.

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