Vista Property Company Acquires Lake Worth Marketplace Retail Asset

The Lake Worth Marketplace, a 200,000-square-foot strip mall located at 6034 Azle Avenue in Lake Worth, Texas, has been acquired by Vista Property Company. The mall features a strategic location near Loop 820 and Jacksboro Highway, with a 93 percent occupancy rate. Kohl’s serves as the anchor tenant of this retail property.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Buyer: Syd Hurley - Vista Property Company
• Brokers: Barry Brown, Ben Pollack, Chris Gerard, Erin Lazarus & Keenan Ryan - JLL

Vista Property Company, known for specializing in retail acquisitions and development across Texas, demonstrates continued interest in retail real estate with the acquisition of Lake Worth Marketplace. The property's prime location and high occupancy rate contribute to its appeal, further solidifying Vista's presence in the retail sector.