Vintage Park changed ownership last week and its new owners wasted no time in bringing in tenants, announcing that an Alamo Drafthouse Cinema will come to the mall by the end of the year.
Dunhill Partners bought the center from Interfin on March 30, a deal that took less than 60 days to complete. The company owns various shopping centers across the state, including the comparable-sized Fountains on the Lake in Stafford.
Vintage Park consist sixteen buildings including approximately 324,000 square feet of ground floor retail and medical space and 24,000 square feet of second story office space. H-E-B Vintage Market anchors the center.
"Being a large shopping center owner that is Texas-based, we thought that Vintage Park is a beautiful shopping center with a lot of potential," said Tim Denker, executive vice president of Dunhill Partners. "This is going to be one of the crown jewels of what we offer."
Dunhill Partners will continue to look for new stores to bring to the area, Denker said, and hopes to announce various grand openings soon.
"The one problem with the center is that when it was built in 2007, it was at the height of economic troubles so it has been under-leased," Denker said. "It is a beautiful center and the tenants that are here are really happy, but it needs more stores to gain vibrancy and additional customers. We are planning to be very active and very aggressive in leasing the remainder of the space."