Press Releases
Marcus & Millichap Arranges Sale of Fully Leased Retail Center in Fort Worth
June 04, 2025
FORT WORTH, Texas, June 4, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Fossil Creek at Alta Mesa, an 11,228-square-foot, multi-tenant retail center located in Fort Worth, Texas.
“We sourced multiple offers over the course of our marketing process,” said Chris Gainey, senior vice president investments. “Ultimately, the buyer who was awarded the deal was a private investor in a 1031 exchange who is local to the DFW area and familiar with the rapid growth occurring in this portion of southwest Fort Worth along the Chisholm Trail Parkway corridor.”
Gainey and Philip Levy, investment specialists in Marcus & Millichap’s Dallas office, represented the seller, a Dallas–Fort Worth-based developer, in the transaction.
Fossil Creek at Alta Mesa is located at 6249 Altamesa Blvd., situated within the Tavolo Park development near the Bryant Irvin Road intersection. Built in 2023, the property is 100 percent occupied and sits on a 1.35-acre lot. It is fully leased to a mix of tenants including Meza Pizza, RevFit, Creek Liquor Wine & Cigar, Resort Nail Bar and Stretch Zone.
Tavolo Park is a 468-acre, master-planned development featuring single-family and multi-family housing, a 100,000-square-foot medical office, hotel, retail, and lifestyle amenities including trails, parks, and a lake.
“We sourced multiple offers over the course of our marketing process,” said Chris Gainey, senior vice president investments. “Ultimately, the buyer who was awarded the deal was a private investor in a 1031 exchange who is local to the DFW area and familiar with the rapid growth occurring in this portion of southwest Fort Worth along the Chisholm Trail Parkway corridor.”
Gainey and Philip Levy, investment specialists in Marcus & Millichap’s Dallas office, represented the seller, a Dallas–Fort Worth-based developer, in the transaction.
Fossil Creek at Alta Mesa is located at 6249 Altamesa Blvd., situated within the Tavolo Park development near the Bryant Irvin Road intersection. Built in 2023, the property is 100 percent occupied and sits on a 1.35-acre lot. It is fully leased to a mix of tenants including Meza Pizza, RevFit, Creek Liquor Wine & Cigar, Resort Nail Bar and Stretch Zone.
Tavolo Park is a 468-acre, master-planned development featuring single-family and multi-family housing, a 100,000-square-foot medical office, hotel, retail, and lifestyle amenities including trails, parks, and a lake.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
