Holland & Knight Advises Younger Partners Investments in Acquisition of Two-Property Retail Portfolio in Texas

DALLAS (January 8, 2025) – Holland & Knight advised Younger Partners Investments in the acquisition of a significant retail portfolio in Texas comprising two properties with a combined area of 288,062 square feet.

The acquired properties include McKinney Towne Crossing and Longview Towne Crossing. McKinney Towne Crossing, situated about 32 miles north of Dallas in McKinney, spans 137,287 square feet and had an occupancy rate of 98 percent at the time of sale. Tenants include FedEx Office, Buffalo Wild Wings, Leslie's Pool Supplies, Cook Children's Pediatrics, Storming Crab, Jimmy John's and Mattress Firm.

Longview Towne Crossing, located in Longview, covers 150,775 square feet. This center is anchored by retailers such as PetSmart, Five Below and Old Navy and maintained a 95 percent occupancy rate at the time of sale.

Headquartered in Dallas, Younger Partners is a full-service boutique commercial real estate firm providing investment, leasing and management services to investors and tenants in the Dallas/Fort Worth region.

Holland & Knight Partner Mark Sloan and Associates Jacob Dow and Wes Sentell (Real Estate) led the firm's representation of Younger Partners.