Southwest Portfolio Acquisition
We’re excited to announce the closing of the Southwest Portfolio, a 4-asset, 514,983 square-foot retail portfolio with two assets in Texas and Arkansas. This milestone marks Chase Properties’ entrance into two new states and four new markets as we continue to expand our footprint across the U.S.
The Portfolio Includes:
- Southloop Crossing – Lufkin, TX | Anchored by Old Navy, Michael’s, Ross, Five Below
- Killeen Marketplace – Killeen, TX | Featuring Ross, Best Buy, Shoe Carnival
- Southcenter Shopping Center – Hot Springs, AR | Anchored by Kroger, Hobby Lobby, Ross
- Massard Crossing – Fort Smith, AR | Adjacent to top-performing Walmart with TJ Maxx, Ross, Five Below
“We’re thrilled to bring these four high-performing assets into the Chase Properties portfolio. This acquisition represents our first entry into Texas and Arkansas. Adding four dynamic community retail shopping centers in these secondary and tertiary markets aligns well with our long-term retail investment strategy.”
— Andy Kline, Co-CEO
We look forward to growing with these vibrant communities and continuing to support national and regional retailers in their success.
#RetailRealEstate #ShoppingCenters #CommercialRealEstate #ChaseProperties #RetailExpansion #TexasRealEstate #ArkansasRealEstate #CRE
Press Release Link:
CHASE PROPERTIES EXPANDS NATIONAL FOOTPRINT WITH ACQUISITION OF SOUTHWEST RETAIL PORTFOLIO
