DALLAS, TX / ACCESS Newswire / January 8, 2026 / Dunhill Partners, Inc., a Dallas-based real estate investment and management firm, announced today that it has acquired Northpark Village Shopping Center, a stabilized, grocery-anchored retail center located in one of Lubbock's most established and high-performing retail corridors. The transaction reinforces Dunhill's disciplined investment strategy focused on acquiring high-quality, necessity-based retail assets in strong Texas markets.

Northpark Village Shopping Center is a 70,479 square-foot, multi-tenant retail center situated on approximately 5.5 acres and is 100% leased at the time of contract execution. The property offers a highly stable income stream supported by a diverse mix of grocery, medical, service, and food and-beverage tenants that cater to daily consumer needs.

The center is anchored by United Supermarkets, part of the Albertsons family of companies, a leading regional grocer with deep customer loyalty and long-standing market presence. Additional notable tenants include Abbeville Dentistry, Boost Mobile, Joe's Liquor, Love Pho, Lubbock Ophthalmology, Officialz Barbershop, Palm Beach Tan, Papa John's Pizza, and Relaxing House Spa, creating a balanced and necessity-driven tenant lineup.

"Northpark Village aligns squarely with our strategy of acquiring grocery-anchored centers that serve as essential retail destinations for their surrounding communities," said Bill Hutchinson, CEO of Dunhill Partners, Inc. "We are particularly focused on assets that offer durable cash flow, strong tenant demand, and the ability to acquire at attractive pricing relative to market and replacement cost."

A key driver of the center's performance is its proximity to Texas Tech University, located just one mile from the property. With an enrollment of over 42,000 students, Texas Tech represents the largest economic engine in the Lubbock MSA, providing a stable population and employment base. The university generates an estimated $3.5 billion in statewide economic impact and supports more than 21,000 jobs, reinforcing long-term demand for neighborhood retail and service-oriented businesses.

The property is strategically positioned just south of Loop 289, within one of Lubbock's strongest retail submarkets. The corridor is anchored by a concentration of established retail destinations and national brands, including neighboring Woodhaven Shopping Center, West End Center, and numerous big-box retailers. This clustering effect enhances visibility, accessibility, and consistent traffic flow to the center.

"Being situated along Loop 289, near Texas Tech, and within a dense retail node provides Northpark Village with competitive advantages that are difficult to replicate. These are the types of fundamentals we prioritize when deploying capital." Hutchinson added. The acquisition reflects Dunhill Partners' continued confidence in Texas retail markets, particularly those supported by strong demographic drivers, institutional anchors, and limited new supply. Grocery-anchored centers with service-oriented tenants have demonstrated resilience across economic cycles, and Dunhill views assets such as Northpark Village as long term core holdings.

About Dunhill Partners, Inc.

Dunhill Partners, Inc. is a Dallas-based real estate investment, development, and management firm specializing in the acquisition and operation of grocery-anchored and necessity-based retail shopping centers throughout Texas and select U.S. markets. The firm focuses on disciplined underwriting, acquiring targeted opportunities at attractive bases, and actively managing assets that serve as essential commercial hubs for the communities in which they operate.

Contact:
Dunhill Partners, Inc.
info@dunhillpartners.com
https://dunhillpartners.com

SOURCE: Dunhill Partners