**Trademark and Dillard’s Acquire Longview Mall in Texas**
Trademark Property Co. has announced the acquisition of Longview Mall in Longview, Texas, in partnership with Dillard’s, Inc., one of the nation’s largest department store retailers and a current tenant of the property. This marks the first collaboration between the two companies on a retail acquisition. Trademark will oversee operations and leasing for the 646,000-square-foot shopping center. The seller was WPG.
“Together with Dillard’s, we’ll bring capital to reinvest in the property and enhance its position as a community hub for shopping, dining, and entertainment,” said Trademark in a statement.
Strategically located in the heart of Longview, Longview Mall features a strong tenant mix, including Dillard’s, Dick’s Sporting Goods, JCPenney, HomeGoods, Bath & Body Works, Foot Locker, H&M, Kay Jewelers, Auntie Anne’s, Chick-fil-A, and Chuck E. Cheese. As the only enclosed regional mall within a 45-mile radius, it draws more than 3.7 million visitors annually, providing a key retail destination for East Texas residents.
For more on the future of multifamily development and expansion in Texas, industry leaders from companies such as Ryan Companies, Lument, GSP, Zonda, Daniel Management Group, CSSI, PGIM, Transwestern, and Regions Bank will share their insights at the upcoming Connect Texas Multifamily event. The conference will be held on Thursday, August 28th at The Joule in Dallas.
