PREP Property Group Acquires 611K-SF Hillside Village

PREP Property Group struck a deal to buy Hillside Village, a 611,232-square-foot regional shopping center in Cedar Hill, TX, approximately 16 miles southwest of downtown Dallas. The Park City, UT buyer acquired the property on U.S. 67 from Fort Worth’s Trademark Property Co. The center is the latest property to be added to the PREP Strategic Investments portfolio.

The center features a Dick’s Sporting Goods, Dillard’s, Barnes & Noble, Old Navy, Ulta, H&M, Champ’s, Victoria’s Secret, Express and additional national and regional tenants. “We are excited to add Hillside Village to our growing Strategic Investments portfolio,” said PREP’s Roy Williams. “In addition to the shopping and eateries that are available, Hillside Village offers an amenities rich experience featuring an interactive fountain, children’s play area, village green, electronic vehicle charging station and more.”

The deal ends Trademark’s four-year hold on the asset, which was once known as Uptown Village at Cedar Hill.

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