Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Georgetown Acquires 157K-SF Fort Worth Retail Center
The Georgetown Company purchased Waterside, a 12.6-acre grocery-anchored retail center in Southwest Fort Worth, from Trademark Property Company.
Waterside’s more than 157,000 square feet of retail space is currently 98% leased and is anchored by the only Whole Foods location in a 20-mile radius. Other retail tenants include REI, Tricky Fish and First Watch.
The retail center is part of the broader 62-acre Waterside community developed by Trademark, which features more than 550 integrated multifamily rental homes, a Residence Inn, townhomes and office space.
The acquisition of Waterside marks a continued expansion of Georgetown’s grocery-anchored retail platform, which now exceeds $275 million in assets across six locations in four states.
JLL Capital Market’s Investment and Sales Advisory team, which represented Trademark in the transaction, was led by Chris Gerard and Barry Brown, Erin Lazarus and Andrew Griffin.
- ◦Sale/Acquisition
