Dunhill Partners sold a high-performing shopping center near Dallas Love Field.
Dallas-based Dunhill sold the Shops at Mockingbird, a roughly 77,000-square-foot retail center at 4550 West Mockingbird Lane, to a fund advised by Crow Holdings Capital. The price wasn’t disclosed, though the property was valued at $25.5 million for tax purposes, according to the Dallas Central Appraisal District. JLL Capital Markets’ Adam Howells brokered the deal, first reported by the Dallas Morning News.
Built in 2008, the center sits on 6.4 acres at the intersection of Mockingbird Lane and Lemmon Avenue, just west of Highland Park and minutes from Love Field. It’s nearly fully leased at 94.7 percent occupancy and anchored by LA Fitness, with a mix of national and regional tenants, according to the outlet.
Crow Holdings’ acquisition adds to a growing retail portfolio that appears to be selectively targeting stabilized properties in high-income trade areas. The firm has been active beyond Texas, including a $44 million purchase earlier this year of a 54,000-square-foot multi-building retail center in Oak Brook, a western Chicago suburb, and a separate partnership deal in nearby Wheaton, Illinois totaling nearly 315,000 square feet for $62 million, as previously reported by The Real Deal.
Crow Holdings also refinanced a large portion of its retail portfolio last year, including 194 properties across 30 states, for an undisclosed sum. Earlier in 2025 Crow sold a 95 percent stake in an industrial portfolio for $718 million to Blackstone.
The latest sale is part of a partial reshuffling of Dunhill’s holdings. The firm has been both buyer and seller over the past year, including its acquisition of the 220,000-square-foot Greenville Promenade northeast of Dallas from film producer Bob Yari.
Dunhill CEO Bill Hutchinson described The Shops at Mockingbird to the outlet as a “crown jewel” that benefited from its location in one of the country’s strongest retail demographic pockets — a factor that likely helped drive buyer interest, according to the Dallas Morning News. — Eric Weilbacher
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