Institutional Property Advisors Brokers 260,877-Square-Foot Shopping Center Sale in Suburban Dallas-Fort Worth
October 28, 2026
TERRELL, Texas, Oct. 28, 2026 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced today the sale and financing of The Crossroads at Terrell, a 100% occupied, 260,877-square-foot multi-tenant power center in Terrell, Texas.
“The Crossroads at Terrell is a premier retail asset with an exceptional lineup of national tenants, including Academy Sports + Outdoors, Hobby Lobby, Ross Dress for Less, and Marshalls,” said Philip Levy IPA executive managing director. “The property’s strong fundamentals, high-quality tenant mix, and strategic location in one of the fastest-growing areas of the Dallas-Fort Worth metroplex made this a highly attractive investment opportunity. The transaction reflects the continued demand for well-positioned, institutional-quality retail assets throughout North Texas.” Levy and Chris Gainey, senior managing director investments with Marcus & Millichap represented the seller, RealtyLink LLC.
“From an investment standpoint, the property’s fundamentals were particularly compelling,” said Gainey. “The center was fully occupied with triple-net leases, staggered lease expirations, and contractual rent increases that provide predictable cash flow and built-in income growth. Those characteristics, combined with the scale of the asset and limited near-term rollover exposure, helped drive the successful execution of this transaction.”
IPA Capital Markets senior managing director Adam Mengacci and associate director Travis Headapohl arranged acquisition financing and preferred equity on behalf of the buyer, Dallas-based Younger Partners Investments
Built on over 29 acres in 2019, The Crossroads at Terrell is located off U.S. Highway 80 at the intersection of Interstate 20 and Texas State Highway Spur 557.
“The Crossroads at Terrell is a premier retail asset with an exceptional lineup of national tenants, including Academy Sports + Outdoors, Hobby Lobby, Ross Dress for Less, and Marshalls,” said Philip Levy IPA executive managing director. “The property’s strong fundamentals, high-quality tenant mix, and strategic location in one of the fastest-growing areas of the Dallas-Fort Worth metroplex made this a highly attractive investment opportunity. The transaction reflects the continued demand for well-positioned, institutional-quality retail assets throughout North Texas.” Levy and Chris Gainey, senior managing director investments with Marcus & Millichap represented the seller, RealtyLink LLC.
“From an investment standpoint, the property’s fundamentals were particularly compelling,” said Gainey. “The center was fully occupied with triple-net leases, staggered lease expirations, and contractual rent increases that provide predictable cash flow and built-in income growth. Those characteristics, combined with the scale of the asset and limited near-term rollover exposure, helped drive the successful execution of this transaction.”
IPA Capital Markets senior managing director Adam Mengacci and associate director Travis Headapohl arranged acquisition financing and preferred equity on behalf of the buyer, Dallas-based Younger Partners Investments
Built on over 29 acres in 2019, The Crossroads at Terrell is located off U.S. Highway 80 at the intersection of Interstate 20 and Texas State Highway Spur 557.
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About Institutional Property Advisors (IPA)
Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offer customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com.