High Plaza Shopping Center, Longview, TX

September 10, 2019 Comments Off on Cash Flow Fever Fund Buys 58K-SF High Plaza Shopping Center Views: 401 Texas - Other, Texas News

Cash Flow Fever Fund Buys 58K-SF High Plaza Shopping Center

Order Reprints...

Cash Flow Fever Fund, a fund managed by SkyWalker Property Partners, acquired High Plaza Shopping Center, a 58,377-square-foot retail center in Longview, TX. The Arlington, TX-based fund shook hands with High Plaza Center Inc., heirs of a North Texas partnership, to claim ownership of the property at 2430 S. High St. in the East Texas city. Jason Vitorino with Strive Commercial Real Estate advisors represented the seller.

The new owner earmarked $300,000 for roof and parking lot repairs, as well as cosmetic upgrades. The center’s anchor is Family Dollar. Beer Wells of East Texas will lease and manage the neighborhood center.

The fund also acquired the 10,029-square-foot Duncan Office Building at 501 E. Border St. from Duncan Holdings. SkyWalker indicated Cash Flow Fever has more capital available for acquisitions.

Connect With SkyWalker Property Partners

Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter

Tags: ,

Comments are closed.

Send this to a friend