Headwall Investments, a Texas-based commercial real estate investment and development firm specializing in multi-tenant strip/convenience shopping centers, has announced the acquisition of River District Plaza in Fort Worth.
River District Plaza, a 100 percent occupied multitenant retail center, features a tenant mix including Wingstop, No Place Like Home Furniture and Rustic on the River.
"We are pleased to add River District Plaza to our growing portfolio, and I'm proud of our team for getting this acquisition across the finish line," said George Wommack, founder and CEO at Headwall Investments. "For over 18 years, our management team has targeted multitenant strip/convenience centers for their resilient cash flows, diversified tenant rosters and reduced vacancy risk due to smaller, adaptable spaces. These centers are thriving in a period marked by rising rental rates due to a decade-long undersupply and growing institutional demand for neighborhood retail that offer
