10/22/2026 | Press release | Distributed by Public on 10/22/2026 14:08
DALLAS, Texas (Oct. 22, 2026) - Dallas-based Younger Partners Investments (YPI) and Terrell Younger LLC acquired the fully leased 260,876-square-foot power center, Crossroads at Terrell, at Interstate 20 and Spur 557 in Terrell.
Younger Partners Co-Managing Partners Kathy Permenter and Moody Younger represented the buyers. Institutional Property Advisors (IPA) Executive Managing Director Investments Philip Levy and Marcus & Millichap Senior Vice President Investments and Associate Director of the National Retail Group Chris Gainey represented the seller, RealtyLink, LLC. The transaction closed on Oct. 21.
"Crossroads at Terrell works with today's financing based on rent growth, stabilized occupancy and controlling expenses," said YPI Managing Director Micah Ashford. "Everything else is upside. We began our pursuit of Crossroads at Terrell when we saw the Placer.ai data stating the destination ranked third among the state's most visited retail destinations in 2025. It was a great addition to our acquisition earlier this year of Presidio Junction, which ranked fourth."
Crossroads at Terrell benefits from its strategic location along I-20 in one of the fastest-growing retail corridors, just 30 miles east of Dallas, Permenter noted.
Located on 29 acres, Crossroads at Terrell, built between 2019 and 2024, features a diversified national tenant roster including Academy Sports + Outdoors, Hobby Lobby, Marshalls, Bealls, Ross Dress for Less, Petco, Ulta Beauty, Five Below, Buffalo Wild Wings, and other leading retailers, Ashford said. The shopping center is also located adjacent to the existing Buc-ee's.
IPA Senior Managing Director Capital Markets Adam Mengacci and Associate Director Travis Headapohl arranged acquisition financing, comprised of a senior loan from a regional bank and a preferred equity investment from a national REIT.
"The transaction received interest from several parties seeking to invest debt and equity capital into a newly built Class A power center located in a thriving suburban market with strong demographics," Mengacci said. "This property checked all the boxes for YPI's acquisition model given the stable rent roll and thriving local economy."
Levy agreed that "Crossroads at Terrell is a premier retail asset with an exceptional lineup of national tenants. 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."
Kaufman County is the fastest-growing county in Texas and the third-fastest in the U.S., according to recent U.S. Census Bureau data. The location between I-20 and Spur 557 (US-80 and I-20 connector) provides visibility and access to more than 61,000 vehicles per day, Ashford added.
"The county's growth is fueled by continued residential and commercial development," Permenter said. "The region's population of around 123k within a 10-mile radius is projected to grow by 41% to almost 173k by 2030."
Terrell developments include the 1,100-acre master-planned mixed-use Arboretum Estates; Terra Nova Village, a $3 billion, approximately 50-acre master-planned community; a planned 120-acre, 1 million-square-foot Amazon Distribution Center, a 110-acre Flexential data center campus, and the existing 240-unit Heather Lane and Tiffany Square Townhomes multifamily community.
YPI acquired its first retail asset in 2021. The YPI portfolio has grown to more than 1.5 million square feet, including 380 Towne Crossing, Heath Town Center, Longview Towne Crossing, Midlothian Towne Crossing, Presidio Junction and Artisan Circle.