Corrigan Investments has completed the sale of Pavilion on Lovers Lane, a grocery-anchored shopping center located near University Park in Dallas. The property spans 113,000 square feet and is reported to be 97% occupied at the time of sale, positioning it as a largely stabilized retail asset. The buyer is described as a Dallas-based real estate investment firm; specific transaction pricing and other financial terms were not disclosed.
JLL represented Corrigan Investments in the transaction. JLL Capital Markets’ Investment and Sales Advisory team was led by Barry Brown and Erin Myer, who oversaw the disposition on behalf of the seller. In addition, JLL’s Debt Advisory group was engaged on the assignment, with Wally Reid, Kristi Leonard and Luke Rogers leading that component of the mandate, although no financing details were provided in the announcement.
Pavilion on Lovers Lane is situated at 5600–5710 West Lovers Lane, immediately west of the Dallas North Tollway. Its location near University Park places the center within an established infill trade area that benefits from strong neighborhood demographics and accessibility via a major regional thoroughfare. The center is also referenced on SHOP Companies’ website, indicating broader market visibility within the retail brokerage and tenant-representation community.
The shopping center was originally developed in phases, with buildings constructed in 1986 and 2006. The property has undergone updates over time, most recently receiving a renovation in 2023. Pavilion on Lovers Lane occupies a 7.0-acre site, supporting a multi-building open-air configuration that accommodates a range of shop and restaurant spaces.
The tenant roster at Pavilion on Lovers Lane features a mix of boutiques, restaurants and service-oriented concepts, with an emphasis on lifestyle-focused brands. Named tenants at the property include Eatzi’s, Odelay, Stay Fit Studios and La La Land Cafe. This merchandising mix, combined with grocery anchoring and high occupancy, positions the center as a convenience- and experience-oriented destination for surrounding residents and visitors.
While no transaction metrics were released, the combination of grocery anchoring, high leased percentage and recent renovation highlights the center’s positioning within the Dallas retail market. The sale continues the pattern of institutional and private capital targeting well-located, necessity- and lifestyle-driven neighborhood shopping centers, particularly in established infill submarkets.
