Premier Tom Thumb-anchored shopping center trades in Rockwall

DALLAS, Sept. 8, 2025 – JLL Capital Markets announced today that it has arranged the sale of Shops at Stone Creek, a premier grocery-anchored retail center located in Rockwall, Texas, one of the nation's fastest-growing counties.

JLL represented the seller, Crestview Real Estate, LLC, which was partnered with a long-term family office. Crestview developed the shopping center ground up in 2009 and provided management and leasing of the asset for over 15 years. The Principals with Crestview that were involved were Staci Bowen, Tim Thompson and Dalton Stogner. The buyer was Westwood Financial.

The Shops at Stone Creek is strategically positioned at 3066 N Goliad St at the intersection of N Goliad St and Farm to Market Rd 552, providing excellent visibility and access in Rockwall's affluent north corridor. This prime location serves a trade area with an average household income of $154,663 and benefits from the area's exceptional 52% population growth since 2010.

The 80,599-square-foot retail center is 100% leased and anchored by a 59,313-square-foot Tom Thumb grocery store, representing 73.6% of the property. The property features a diverse tenant mix, including national and regional retailers such as Care Now, Great Clips, Subway and The UPS Store, along with five separate pad sites including Tom Thumb, the Tom Thumb fuel station, McDonald's, Salad and Go and HTeaO.

JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Senior Managing Directors Barry Brown and Adam Howells.

"The Shops at Stone Creek represented an exceptional opportunity to acquire a fully leased, grocery-anchored asset in one of Texas' most dynamic growth markets," said Brown. "The property's strong tenant roster, stable cash flow, and location in Rockwall's affluent trade area made it highly attractive to investors."

"Rockwall continues to be a dominant retail destination with its strategic location 30 minutes from downtown Dallas and exceptional demographics," added Howells. "The historical tenant stability with an average tenure of 9.98 years demonstrates the strength of this location and the quality of the asset.

The transaction highlights continued investor demand for well-located, grocery-anchored retail assets in high-growth suburban markets within the Dallas-Fort Worth metroplex.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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Crestview Real Estate, LLC is a commercial real estate company with over 30 years of experience providing leasing, property management, development and construction management services through an in-house approach that covers underwriting, lease administration, development and full service asset management. The company has established a solid track record of exceptional performance in delivering best-in-class client services, providing confidence, stability and relevant solutions that have resulted in successful, long-term partnerships.

Westwood Financial is a premier, fully-integrated real estate investment platform founded in 1970 that owns and operates a portfolio of 72 shopping centers primarily concentrated in California, Arizona, Texas, Colorado, North Carolina and Georgia. The company specializes in neighborhood and community shopping centers, focusing on grocery-anchored and service-oriented properties. With nearly 50 years of experience, Westwood Financial is led by Co-Chairs Steven Fogel and Howard Banchik, who continue the company's founding mission of providing investors with stable, income-producing real estate investments.