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01/15/2013

Hulen Fashion Center sold to Dallas-based investment group

Investors with ties to the Village at Camp Bowie in Fort Worth have now acquired the Hulen Fashion Center in southwest Fort Worth.

Venture Hulen LP has taken out a $7.1 million note with Bank of Texas, according to deed records.

Venture Hulen is an entity of VHGP, Llc., whose manager is Woodrow Brownlee, the deed shows. Brownlee is an investor with Trophy Investments, which in 2004 bought the former 6333 Camp Bowie center. That shopping center is in bankruptcy.

Hulen Fashion Center is a 181,099-square-foot center at 5200 S. Hulen St., just south of Hulen Mall. The center is 89 percent leased. It’s newest tenant is Total Wine & More.

HFF in Dallas said it arranged the first lien financing for Venture Hulen. The investment group was represented by Bryan Cornelius, Easley Waggoner and John Zikos with Venture Commercial. Brandon Beeson of EDGE Realty Partners represented the seller, US Bank National Association.

Sandra Baker

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