QuikTrip - Grand Prairie, TX (Dallas MSA)
1206 West Main Street, Grand Prairie, TX, 75050, US
CHF 4,355,000 | 531 m²
Jones Lang Lasalle Americas (“JLL”) has been engaged by 3662 Investors LP (the “Operator”, “Sponsor” or “RedBird LP”) to arrange structured equity from a third-party investor (“Investor” or “Partner”) to recapitalize the current partnership and fund future growth opportunities at The Shops at RedBird (the “Project”, “Development” or “RedBird”), an award-winning, 100-acre, mixed-use development in Dallas, TX. Since the initial investment in 2015, the Sponsor has transformed RedBird into a vibrant, mixed-use development that provides the surrounding community with the high-quality amenities it desires, deserves and can afford. The new vision seeks to create a dense mixture of retail, office, hotel, medical and multifamily space while also encouraging walkability throughout the site with its one-acre lawn for community events. The Project consists of a combination of both mature assets that are producing cash flow and assets that allow for future development opportunities, all in a market with attractive demographic winds at its back.