Prudent Growth Partners, a private equity real estate firm based in Chapel Hill, N.C., has acquired Scenic Square, a 28,850-square-foot neighborhood retail center located in Rowlett, Texas, within the Dallas-Fort Worth metroplex.
Scenic Square represents a strategic addition to Prudent Growth’s growing portfolio of open-air retail assets. The property benefits from excellent visibility and accessibility along a major retail corridor with approximately 40,200 vehicles per day.
The Dallas-Fort Worth metroplex continues to rank among the nation’s strongest economic markets, benefiting from robust population growth, corporate relocation activity, and sustained consumer demand, according to Prudent Growth.