Five-property Texas retail portfolio sells to Curbline Properties

DALLAS, April 30, 2026 –  JLL Capital Markets announced today that it has arranged the sale of the N3 DFW Strip, a five-property retail portfolio located across key Dallas-Fort Worth markets.

JLL represented the seller, N3 Real Estate. The buyer was Curbline Properties.

The portfolio comprises five retail strip centers strategically positioned in Flower Mound, Hudson Oaks, Southlake, Red Oak and Waco. The properties benefit from placement within rapidly growing suburban markets that offer strong connectivity advantages and favorable demographic growth trajectories crucial for retail success.

The Dallas-Fort Worth metroplex continues to demonstrate robust economic growth, with expanding populations and strong consumer spending supporting retail fundamentals. The region's diversified economy, major transportation infrastructure and favorable business climate make it one of the country's most sought-after markets for retail investment.

The portfolio provides investors with stable cash flow supported by a diversified tenant mix, substantial upside potential through lease-up and mark-to-market opportunities, and strategic positioning in high-growth Texas markets.

With limited portfolio opportunities available in the unanchored strip center space, the transaction process reflects intense competitive bidding from institutional capital seeking acquisition opportunities at scale.

JLL Capital Market’s Investment and Sales Advisory team representing the seller was led by Senior Managing Director Adam Howells and Director Erin Lazarus.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

N3 Real Estate is a national firm that owns, manages and develops net-leased retail assets across more than 25 states. Since its inception, N3 has completed more than 260 projects for national and regional retailers and currently owns over $300 million in single and multi-tenant retail properties. The full-service company is experienced in all aspects of retail development including site selection, planning, entitlement, construction, leasing and management.

Curbline Properties is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban, high household income communities. The Company is a self-managed real estate investment trust (“REIT”) that is publicly traded under the ticker symbol “CURB” on the NYSE.