- Press -

DALLAS, TEXAS (February 6, 2017) – Northwood Retail, the subsidiary of Northwood Investors responsible for leasing and managing the firm’s retail portfolio, has expanded its Dallas presence with the acquisition of Hillside Village. The addition of the 169,299-square-foot commercial retail shopping center will grow the company’s retail portfolio to over 1.5 million square feet in the Dallas region.

The 11.91-acre property, situated on the northeast corner of Mockingbird Lane and Abrams Road, is surrounded by premier East Dallas residential neighborhoods. With over 428,000 residents in a 5-mile trade area, the property is visible to over 63,000 vehicles per day, making the location one of the most dynamic intersections in the city. The current tenant mix includes Stein Mart, Olivella’s Neo Pizza Napoletana, Dream Café, White Rock Coffee, and Manny’s Lakewood Tex-Mex. Northwood Retail has engaged SHOP Companies to assist with leasing the property.

“We’re pleased to add Hillside Village to our retail portfolio and expand our footprint in the Dallas market,” said Ward Kampf, President of Northwood Retail. “We recognize a more diverse selection of retail would only complement the already established Lakewood community and surrounding areas. By upgrading the property and expanding the tenant mix, the neighborhood’s retail experience will be further enhanced.”

Northwood Retail leases and manages several Texas properties including The Shops at Park Lane in Dallas, Prestonwood Place in Addison, and advises Northwood Investors on its investment in Domain Northside in Austin.