Chase Properties is pleased to announce the acquisition of the Southwest Portfolio, a four-property retail portfolio totaling 514,983 square feet with locations in Texas and Arkansas. This strategic transaction marks Chase Properties’ entry into both states, expanding the company’s growing footprint into four new markets.
The Southwest Portfolio includes:
- Southloop Crossing – Lufkin, TX | Anchored by Old Navy, Michaels, Ross, and Five Below
- Killeen Marketplace – Killeen, TX | Featuring Ross, Best Buy, and Shoe Carnival
- Southcenter Shopping Center – Hot Springs, AR | Anchored by Kroger, Hobby Lobby, and Ross
- Massard Crossing – Fort Smith, AR | Adjacent to a top-performing Walmart with TJ Maxx, Ross, and Five Below
“We are thrilled to incorporate these four well-positioned community shopping centers into the Chase Properties portfolio,” said Andy Kline, Co-CEO of Chase Properties. “This acquisition represents our first retail assets in Texas and Arkansas. While we have previously invested in multifamily properties in Texas, this marks a significant expansion of our retail presence in both states. The addition of these retail shopping centers in secondary and tertiary markets aligns perfectly with our long-term retail investment strategy.”
The acquisition reflects Chase Properties’ ongoing focus on stable retail centers with substantial trade areas across the country. With a robust lineup of national tenants and strong shadow-anchors such as Walmart, these properties offer both immediate value and long-term growth potential.
As Chase Properties continues to expand, this latest acquisition underscores the firm’s dedication to supporting communities and strengthening relationships with top-tier retail tenants.
