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5000 South Hulen Street

David K. Holeman Of Whitestone REIT Acquires Retail Center In Fort Worth From Trademark And ALTO
SOLDRetail

David K. Holeman Of Whitestone REIT Acquires Retail Center In Fort Worth From Trademark And ALTO

5000 South Hulen Street

Building Size

86,907 SF

Asset Type

Retail

Closing

Jun 17, 2025

AI

The property asset involved in this transaction is a retail shopping center located at 5000 South Hulen Street in Fort Worth. The center encompasses 86,907 square feet and is fully leased, featuring national retailers such as Sephora and Old Navy.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 5000 South Hulen Street
  • Market: Fort Worth
  • Square Footage: 86,907
  • Buyer: David K. Holeman - Whitestone REIT
  • Seller: Terry Montesi - Trademark Property Company
  • Seller: Yaniv Melamud - ALTO Real Estate Funds

This transaction marks Whitestone REIT's 29th asset acquisition in Texas and their 10th in the Dallas-Fort Worth area, indicating their continuous growth in the region.

Players

WR
Whitestone REITBuyer

Yaniv Melamud

ALTO Real Estate Funds

Seller

$96M

vol

7 deals

Seller
TC
Trademark Property CompanySeller

Fort Worth Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93