Cypress Equities acquires Corner Shopping Center

Dallas --Cypress Equities companies announced that its affiliated Cypress Acquisition Partners Retail Fund has closed on the acquisition of The Corner Shopping Center in Dallas. The project is a community shopping center, located on the northeast corner of Walnut Hill and the US-75 Central Expressway.



The Corner Shopping Center encompasses 236,050 sq. ft. of retail and office space. The property will be repositioned to meet growing demand for retail and restaurant in the community.



“This center has remained basically unchanged since its original development in 1977,” said Chris Maguire, CEO, Cypress Equities. “Cypress is fortunate to now have the opportunity to lead the value enhancement, redevelopment, and repositioning of this prime urban Dallas property.”