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Sold: Fort Worth's 174,000-SF Hulen Pointe Shopping CenterSold: Fort Worth's 174,000-SF Hulen Pointe Shopping Centerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=26912014-10-24T14:22:00Z2014-10-24T06:15:00Z

FORT WORTH - The 174,783-sf Hulen Pointe Shopping Center has been sold. The property is located in southwest Fort Worth on S. Hulen St., one mile south of Hulen Mall.

TriMarsh Properties purchased the four-building property, which is 47.6 percent occupied by a combination of national, regional and local tenants.

Anchor tenants include Dollar Tree, Dickey’s BBQ, State Farm and Great Clips. More than a quarter of the tenants have occupied space at Hulen Pointe for more than ten years.

“We are ready to lease about 45,000 sf to national tenants and bring the center’s occupancy to 80 percent,” said Avery. “We are ready to be aggressive on rental rates.”

The recently opened Chisholm Trail Pkwy., a 27-mile toll road from downtown Fort Worth to Cleburne, has increased traffic counts near the center.

Fort Worth Business Press
Dallas-Fort Worth-Arlington
Retail
http://fwbusinesspress.com/fwbp/article/1/7459/News-Categories-Real-Estate/Hulen-Pointe-Shopping-Center-sold.aspxRead more at {Source}

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