Dallas retail property firms combining operations

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A Dallas real estate company that’s tapped into Chinese funding has purchased another property owner.

Investor EB Arrow has purchased Dallas’ Capview Partners LLC, a company that purchases retail buildings.

EB Arrow invests in shopping centers, including the new Hill retail center on U.S. Highway 75 in North Dallas.

Capview invests in retail buildings with long-term leases, including drugstores and other merchants.

"The acquisition of Capview Partners compliments our overall offerings and adds additional expertise to our platform," Todd Minnis, CEO of EB Arrow, said in a statement. "With the reshaping of the retail landscape, our combined team has more breadth to uncover opportunities and create value for our investors."

"During periods of significant change or dislocation in the industry, single tenant net lease properties have traditionally offered investors a safe haven from market volatility by providing more stable cash flow and occupancy rates," EB Arrow officials say.

Terms of the purchase were not disclosed.

EB Arrow – formerly known as Arrow Retail – last month announced a major investment from Hong Kong-based China Everbright Ltd.

Representing institutional investors, EB Arrow previously has participated in 15 U.S. shopping center projects and manages about $1.5 billion in assets.

Capview Partners has a track record of $768 million in transactions, currently managing 115 properties.

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