Thank you for sharing!

Your article was successfully shared with the contacts you provided.

FORT WORTH-The Dallas owner of a five-block, 350,000-sf foothold in Fort Worth has hired the leasing team for a sweeping re-tenanting of the Village at Camp Bowie. When the building permit turns July 27, construction will start immediately on a $20-million-plus overhaul of the landmark property.

Trophy Investments tapped the Staubach Co. team of Lynn Dowdle, vice president, and Elizabeth Farrell, associate, to re-brand and re-tenant the shopping center into a 21-acre, class A retail destination. If the plan stays on course, construction could be wrapping up by year’s end at 6323 and 6333 Camp Bowie Blvd. and keys turning for finish-outs.

The center was 70% leased in January when Trophy Investments and several local investors bought it. At that time, David Burgher, one of Trophy’s partners, promised to create a “special” retail experience by re-branding, re-energizing and re-tenanting a tired center into a development much like Kierland Commons in Scottsdale, AZ. To help achieve the goal, Kierland’s world-class architect and Burgher’s longtime friend, Brad Nelsen of Scottsdale and Austin, was hired to update and redesign the Mediterranean and Spanish-style complex.

Dowdle says the asset’s physical redesign is a strategic part of the marketing strategy. Nelsen’s incorporated a courtyard at the center’s backside as a shopping, dining and entertainment nook to draw in retailers and customers and shuffle demand from the Camp Bowie frontage. To seed the synergy that Trophy hopes to create, the team is now weeding the tenant roster to see who goes, who stays and who will be courted to join in the play, Dowdle tells GlobeSt.com. When the final cut’s done, Dowdle and Farrell will begin chasing high-end national and regional tenants for an eclectic mix of restaurants and retail to build a roster from jazz bars to sandwich shops. The going-forward rate will range from $20 per sf to $26 per sf.

Dowdle says the International Conference of Shopping Centers brought inquiries from national names that would be new to the region. And while no deals are close enough to discuss, she says talks are underway with a restaurateur, featuring nighttime entertainment, as well as owners of several other well-known dining establishments in Dallas/Fort Worth. “We are going to make this a destination center,” she vows.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.