September 10, 2019
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.
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