News Summary
Headwall Investments has successfully acquired the Tower at Boerne, marking its 18th shopping center acquisition. This strategically located center features a blend of local and regional businesses, making it a significant addition to Headwall’s expansive retail portfolio in Texas. The investment aligns with the firm’s focus on vibrant community hubs and aims to foster long-term growth while enhancing community engagement across Texas’ metropolitan areas.
Boerne, Texas – Headwall Investments, a prominent commercial real estate investment and development firm based in Texas, has successfully acquired its 18th shopping center, the Tower at Boerne. This acquisition marks a significant step in expanding Headwall’s portfolio, which now encompasses over 610,000 square feet of retail space across four major Texas metropolitan areas: Austin, San Antonio, Dallas-Fort Worth, and Houston.
The Tower at Boerne is strategically located approximately 20 miles northwest of San Antonio and is a fully leased, unanchored neighborhood shopping center. Unlike many shopping centers that rely on major retail chains as anchor tenants, Tower at Boerne features a unique blend of local and regional businesses. Some tenants include popular brands such as Papa John’s, Jersey Mike’s, Supercuts, JuiceLand, Buffalo Wild Wings, HOTWORX, Firehouse Subs, AT&T, Salata Salad Kitchen, Red Wing Shoes, T-Mobile, O’Reilly Auto Parts, Wingstop, Via 313 Pizza, and Dogtopia.
Investment highlights for the Tower at Boerne include its excellent visibility along high-traffic corridors and robust vehicle-per-day counts, which significantly contribute to customer accessibility. Furthermore, the surrounding market is characterized by high household incomes, enhancing the potential for consistent foot traffic and strong sales for the tenants.
The rapidly growing community of Boerne represents a promising long-term investment opportunity for Headwall. As part of its strategy, the firm focuses on acquiring assets that foster vibrant community hubs, featuring a diverse tenant mix that can effectively respond to shifting consumer preferences and trends.
George J. Wommack, the founder and CEO of Headwall Investments, has observed a notable evolution in the unanchored shopping center market since he began investing in these properties in 2007. This segment of the market has seen increasing interest from institutional investors, whereas it was traditionally dominated by smaller, individual proprietors. This shift underscores the growing recognition of the value and potential of unanchored shopping centers in today’s retail landscape.
Headwall’s approach emphasizes a commitment to acquiring top-tier retail assets in Texas’ major metropolitan markets, which aligns with its overarching goal of enhancing community engagement through diverse shopping destinations. The Tower at Boerne acquisition is a strategic addition, reinforcing Headwall’s mission to build long-term value in the retail sector.
In summary, Headwall Investments has made a significant move with the acquisition of the Tower at Boerne, expanding its retail footprint in Texas while embracing the evolving landscape of shopping centers. The firm remains focused on investing in high-quality assets that promise sustainable growth and community relevance in the heart of Texas’ rapidly developing regions.
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- PR Newswire: Headwall Investments Secures Tower at Boerne
- Wikipedia: Boerne, Texas
- Commercial Cafe: Headwall Buys Commercial Property
- Google Search: Headwall Investments Boerne
- Community Impact: Dollar Tree Plans New Boerne Location
- Google Scholar: Boerne shopping centers
- News4SA: Police Presence at Shopping Center
- Encyclopedia Britannica: Boerne Texas
- PR Newswire: Headwall Investments Acquires River District Plaza
- Google News: Headwall Investments
