{"id":1004403104,"date":"2020-03-26T01:35:51","date_gmt":"2020-03-26T09:35:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004403104"},"modified":"2020-03-26T01:35:51","modified_gmt":"2020-03-26T09:35:51","slug":"sandstone-capital-sells-fort-worth-retail-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/sandstone-capital-sells-fort-worth-retail-asset\/","title":{"rendered":"Sandstone Capital Sells Fort Worth Retail Asset"},"content":{"rendered":"
\"Fossil<\/a>

Fossil Creek Plaza. Image courtesy of STRIVE <\/em><\/p><\/div>\n

Fossil Creek Plaza, a 68,500-square-foot retail property in Fort Worth, Texas, has changed hands. STRIVE Associate Sam House procured the buyer, a Dallas-based investor, and also assisted the seller. According to public records, Sandstone Capital is the former owner of the asset, having purchased it in 2008 from Dunhill Partners. <\/p>\n

Spanning across roughly 5 acres at 4352 Western Center Blvd., the shopping center opened its doors in 1990. Approximately 80 percent of the tenants have been at the property for more than five years and the remaining 20 percent have been at the location for more than 15 years. Fossil Creek Plaza is home to Family Dollar and Cato Fashions, among others.<\/p>\n

Situated at the intersection between Western Center Boulevard and North Beach Street, the center is roughly 1.5 miles from Interstate 35W and 9 miles from downtown Fort Worth. Other companies in the same retail corridor include Walgreens, Kroger, Home Depot and CVS Pharmacy. <\/p>\n

Earlier in March, New Midway Peaks\u2014the retail division of Preferred Apartment Communities\u2014acquired Midway Market<\/a>, a Kroger-anchored, 85,599-square-foot retail property in Dallas. The acquisition marked the 54th grocery-anchored retail center in the new owner\u2019s Sunbelt and Mid-Atlantic portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"

According to public records, the 68,500-square-foot Fossil Creek Plaza last traded 12 years ago. <\/p>\n","protected":false},"author":867,"featured_media":1004403146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21743,21742,21749],"tags":[49046],"class_list":["post-1004403104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-deals","category-latest","category-retail","tag-sandstone-properties"],"acf":[],"yoast_head":"\nSandstone Capital Sells Fort Worth Retail Asset - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/sandstone-capital-sells-fort-worth-retail-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sandstone Capital Sells Fort Worth Retail Asset\" \/>\n<meta property=\"og:description\" content=\"According to public records, the 68,500-square-foot Fossil Creek Plaza last traded 12 years ago.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/sandstone-capital-sells-fort-worth-retail-asset\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-26T09:35:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Fossil-Creek-Plaza-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"599\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/sandstone-capital-sells-fort-worth-retail-asset\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/sandstone-capital-sells-fort-worth-retail-asset\/\",\"name\":\"Sandstone Capital Sells Fort Worth Retail Asset - 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