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Dunhill Partners, Inc. Announces Successful Acquisition of Commerce Square Shopping Center in Brownwood, Texas
TMX Newsfile· 2025-12-26 18:00
Core Viewpoint - Dunhill Partners, Inc. has successfully acquired Commerce Square Shopping Center, enhancing its strategy of acquiring high-quality retail assets in strong Texas communities at below-market pricing [1][5]. Group 1: Acquisition Details - Commerce Square is a 150,459 square-foot shopping center located on 22 acres in a prime retail corridor, fully leased and attracting approximately 1.3 million annual visits [2][3]. - The center is anchored by Aldi and includes a diverse mix of national and credit tenants, with 82% of rental income coming from these tenants, ensuring a stable income stream [3][4]. Group 2: Investment Strategy - The acquisition aligns with Dunhill's strategy of investing in grocery-anchored centers that serve as essential retail destinations, focusing on markets with strong local demand and limited new supply [5][6]. - The merchandise mix at Commerce Square includes 49% apparel, 32% business and retail services, 26% service-oriented uses, and 17% food and beverage, supporting consistent daily traffic and capturing discretionary spending [4]. Group 3: Company Overview - Dunhill Partners, Inc. specializes in the acquisition and management of retail shopping centers across Texas, focusing on grocery-anchored and necessity-based retail with strong fundamentals and long-term value creation potential [6].