Dunhill Partners has bought the 206,284-square-foot, value-add Northcross Shopping Center located within a prime retail corridor in Victoria, Texas.
JLL Capital Markets marketed the property for a Dallas-based client.
Dunhill’s Chairman and CEO, Bill Hutchinson, who led the acquisition team, said, “The acquisition of Northcross Shopping Center provides an excellent addition to our expanding portfolio of high-quality, strategically located retail centers.”
Located at 5016–5319 N. Navarro St., Northcross Shopping Center sits at the intersection of U.S 77 and Sam Houston Drive and is positioned between the power markets of Houston and Corpus Christi. The center is visible to approximately 40,573 vehicles per day and is situated in a super-regional trade area reaching a customer base from the surrounding 50 miles. The property benefits from Victoria County’s population of approximately 92,084 and average household income of $83,767.
