{"id":48051,"date":"2026-04-03T07:20:19","date_gmt":"2026-04-03T04:20:19","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=48051"},"modified":"2026-03-30T20:58:46","modified_gmt":"2026-03-30T17:58:46","slug":"younger-partners-investments-buys-fort-worth-retail-properties","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/younger-partners-investments-buys-fort-worth-retail-properties\/","title":{"rendered":"Younger Partners Investments Buys Fort Worth Retail Portfolio"},"content":{"rendered":"<p>Dallas-based Younger Partners Investments (YPI) recently announced the acquisition of a retail portfolio in North Fort Worth, Texas. Located near I-35W and North Tarrant Parkway, the Presidio Junction portfolio spans 66 acres and includes three contiguous properties.<\/p>\n<p>Developed by Weber &amp; Company between 2015 and 2020, the asset incorporates 375,000 square feet of <a href=\"https:\/\/www.commercialcafe.com\/retail\/us\/tx\/fort-worth\/\" target=\"_blank\" rel=\"noopener\">Fort Worth retail space<\/a> and was reportedly fully leased at the time of acquisition.<\/p>\n<p>\u201cThe North Fort Worth submarket has robust retail market fundamentals with an occupancy rate of 97.2%,\u201d said Kathy Permenter, co-managing partner with YPI. \u201cMedian home sale prices range around $420,000 to $460,000, driven by newer subdivisions; quality schools in the Northwest and Keller ISDs; and strong commuter access.\u201d<\/p>\n<p>Nearby, the North City development with Living Spaces and Andretti Indoor Karting adds to the growth of retail in the area as it expands its $1.3 billion mixed-use development with more multifamily and retail space under construction.<\/p>\n<p>The Presidio Towne Crossing, Tehama Towne Crossing, and Vista Ridge shopping centers are shadow-anchored by Costco and Target and feature retailers including: TJ Maxx, HomeGoods, Ross, Aldi, Petco, Old Navy, Sephora, Shoe Carnival, Five Below, Daiso, and Rally House. The asset also includes nine ground leases to restaurants and retailers such as Whataburger, Chick-fil-A, Uncle Julio\u2019s, Jack in the Box, and Chuck E. Cheese.<\/p>\n<p>\u201cThis is a tremendous boost to our Texas portfolio, which has grown to almost 1.4 million square feet of retail,\u201d said Micah Ashford, managing director of YPI. \u201cThis acquisition strengthens our presence in Tarrant County and marks our continued expansion into Fort Worth, where we also own Artisan Circle in the Cultural District.<\/p>\n<p>\u201cThese types of grocery-anchored and shadow-anchored, open-air centers present Texas-sized opportunities. We plan to continue expanding our retail portfolio with similar acquisitions as investor demand for assets such as Presidio Junction remains strong.\u201d<\/p>\n<p>The new owners also announced plans to begin updating Presidio Junction this year with wayfinding improvements and additional signage. Younger Partners Property Services will provide property management, while Younger Partners will handle leasing at Presidio Junction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Presidio Junction retail centers in Fort Worth were fully leased at the time of sale and feature a variety of well-known retailers and include a wide range of dining tenants.<\/p>\n","protected":false},"author":48,"featured_media":48052,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,4014,40],"tags":[],"class_list":["post-48051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-featured","category-retail","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fort Worth Retail Portfolio Changes Hands | 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