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Institutional Property Advisors Arranges $114 Million in Acquisition Financing for Fort Worth Retail Portfolio

  • IPA Capital Markets arranged $113.7 million in life company financing & preferred equity for the acquisition of three contiguous retail centers in Fort Worth, Texas.
  • The acquired properties total 375,000 square feet & are now collectively known as Presidio Junction.
  • Adam Mengacci, senior managing director at IPA's Dallas office, led the Capital Markets team & represented Younger Partners Investments (YPI).
  • YPI, formed in 2020 & based in Dallas, plans to implement capital improvements at Presidio Junction this year, including wayfinding & signage enhancements.
  • Presidio Junction is 100% leased with tenants including TJ Maxx, HomeGoods, Aldi, Petco, Old Navy, Sephora, & Five Below.
  • The acquisition expands YPI's Texas portfolio to nearly 1.4 million square feet of retail, strengthening their presence in Tarrant County.
  • Marcus & Millichap (NYSE: MMI) closed 8,818 transactions with a sales volume of $50.8 billion in 2025.