March 21, 2019 – HFF announces that it has closed the sale of The Village at Camp Bowie, a Sprouts Farmers Market-anchored retail center totaling 180,000 square feet in Fort Worth, Texas.
HFF marketed the property on behalf of the seller, a joint venture partnership between Lincoln Property Company and Boston-based Long Wharf Capital. Dunhill Partners, Inc. purchased the grocery-anchored asset.
The Village at Camp Bowie is situated in a highly visible location near the intersection of Camp Bowie Boulevard and Interstate 30, which together have a daily traffic count of more than 130,000 vehicles. The 21-acre site is positioned in the Camp Bowie District of Fort Worth, which is proximate to the affluent residential neighborhoods of Ridglea Hills, Westover Hills, Rivercrest, and Arlington Heights. The population within a three-mile radius of the property exceeds 87,000 people and has an average household income of $94,000. The Village at Camp Bowie is 89 percent leased to 39 diverse tenants, including Tuesday Morning, Verizon, Orangetheory Fitness, Keller Williams, and McAlister’s Deli, among others.
The HFF investment advisory team representing the seller included senior managing directors Jim Batjer, Barry Brown and Ryan Shore and director Aaron Johnson.