Dunhill Partners Acquires Greenville Promenade, a 220,482 Square Foot Regional Shopping Center
DALLAS, TX – Dunhill Partners, Inc. is pleased to announce the acquisition of Greenville Promenade, a premier 220,482-square-foot regional shopping center located in Greenville, Texas. This stabilized, multi-tenant asset sits on 21.8 acres in one of the most highly trafficked retail corridors in the Northeast Dallas-Fort Worth Metropolitan Area, conveniently positioned near Interstate 30 and Wesley Street (TX Hwy-34).
Greenville Promenade is the largest and most prominent shopping center in the area and is currently 100% leased. Its exceptional tenant mix includes some of the nation’s most well-recognized retailers, such as Spec’s, Ashley’s Furniture, Petco, Marshall’s, Ross Dress For Less, Belk, and Staples. The surrounding area is further complemented by national brands like Lowe’s Home Improvement, Academy Sports + Outdoors, Chick-fil-A, The Home Depot, Hobby Lobby, Smoothie King, Walmart, and shadow-anchored by Aldi Supermarket.
Strategic Investment in a Thriving Market
This acquisition further expands Dunhill Partners’ robust portfolio of high-quality shopping centers, reinforcing its commitment to investing in strong retail markets with substantial growth potential.
“We are thrilled to add Greenville Promenade to our growing portfolio,” said Bill Hutchinson, CEO of Dunhill Partners, who led the acquisition team. “We are excited to become part of the vibrant Greenville community. As an owner of Rockwall Market Center for over a decade, we have long believed in the expansive growth taking place along the I-30 corridor. We see continued demand in Greenville, which strengthens our conviction in the long-term viability of this investment.”
President and CEO of the Greenville Economic Development Corporation, Greg Sims, said, “We greatly welcome institutional investor, Dunhill Partners, on taking a very important position in Greenville, Texas. Greenville Promenade is a fifty-yard line seat in this surrounding community experiencing unprecedented growth. Greenville Promenade is near the spoke of the wagon wheel of five highways intersecting our territory that is experiencing over twenty to thirty thousand newly planned/and or under development residential units within its trade ‘drive time’ area. With local governments adding over two hundred fifty million dollars in new infrastructure upgrades to manage this growth, Greenville has its sites on becoming a regional powerhouse for northeast Texas.”
A Commitment to Long-Term Growth and Stability
Dunhill Partners' expertise in owning and operating premier shopping centers allows the firm to maximize value and enhance the retail experience for tenants and customers alike. The firm’s track record in property management, leasing strategies, and long-term community investments ensures that Greenville Promenade will continue to be a cornerstone of the Greenville retail market. “We see Greenville Promenade as a strategic addition to our portfolio of thriving retail centers, offering both stability and growth potential. The continued economic expansion in the region, coupled with its established retail success, makes this acquisition a natural fit for our long-term investment strategy,” Hutchinson added.
About Dunhill Partners
Dunhill Partners, Inc. is a leading commercial real estate investment firm specializing in the acquisition, development, and management of high-quality retail properties. With a portfolio spanning millions of square feet of premier shopping destinations, Dunhill Partners is dedicated to creating dynamic retail environments that drive long-term value for tenants, investors, and communities.
For more information on Dunhill Partners and its latest acquisitions, visit www.dunhillpartners.com.
