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After 15 Years, Crestview Offloads Rockwall Retail Center
Crestview Real Estate, the original developer of the Shops at Stone Creek in Rockwall, has sold the retail center to Westwood Financial. Barry Brown and Adam Howells led JLL Capital Market’s Investment Sales and Advisory team, representing the seller. The Principals with Crestview involved were Staci Bowen, Tim Thompson and Dalton Stogner.
Crestview developed the shopping center ground up in 2009 and provided management and leasing of the asset for over 15 years.
The 80,599-square-foot retail center is 100% leased and anchored by a 59,313-square-foot Tom Thumb grocery store, representing 73.6% of the property. The property features a diverse tenant mix, including national and regional retailers such as Care Now, Great Clips, Subway and The UPS Store. Five separate pad sites include Tom Thumb, the Tom Thumb fuel station, McDonald’s, Salad and Go and HTeaO.
- ◦Sale/Acquisition
