$113.7M Financing for Presidio Junction Retail

Marcus & Millichap’s IPA Capital Markets arranged $113.7 million in acquisition financing and preferred equity for Younger Partners Investments to acquire Presidio Junction, a Fort Worth, Texas retail portfolio. The deal covers three contiguous retail properties totaling approximately 375,000 square feet.

The centers are fully leased and anchored by national tenants including TJ Maxx, HomeGoods, Aldi, Petco, Old Navy, Sephora, and Five Below. Younger Partners plans capital improvements such as enhanced signage and wayfinding after closing. With the acquisition, the firm expands its Texas retail footprint to nearly 1.4 million square feet and strengthens its presence in Tarrant County and Fort Worth.