JLL Capital Markets announced secured the sale of Northpark Village and Commerce Square, two grocery-anchored shopping centers totaling 220,938 square feet in Texas.
JLL represented the seller, Phillips Edison & Co. The buyer was Dunhill Partners.
The portfolio consists of Northpark Village, a 70,479-square-foot shopping center in Lubbock, and Commerce Square, a 150,459-square-foot retail center in Brownwood. Both properties are 100% occupied and anchored by leading grocery retailers with strong market positions…