Sale of The Shops at Willow Bend

United States

Deal value: $210,000,000

Disposition of The Shops at Willow Bend, a 600,000 SF regional mall in Plano, Texas, featuring a mix of national retailers and local tenants.

The core investment motivation is to reposition and revitalize an underperforming regional mall in a prime, affluent suburb of Dallas-Fort Worth. The strategic purpose is to transform The Shops at Willow Bend into a mixed-use, community-centric destination, capitalizing on shifting consumer preferences away from traditional retail toward experiential, mixed-use environments. The timing is driven by persistent vacancy, declining tax revenue, and the need to stabilize the asset before anchor tenants exit, leveraging redevelopment as an opportunity to unlock value and align with current market trends.