HREIF Expands Retail Portfolio with Strategic Acquisition in Corsicana, TX

May 6, 2024

DALLAS – Humphreys Real Estate Income Fund (HREIF) is pleased to announce the expansion of its retail portfolio with the strategic acquisition of a nearly 150,000-square-foot shopping center in Corsicana, Texas. This 17-acre property is preleased to nationally recognized tenants and benefits from favorable submarket dynamics and tax treatment, positioning it to attract and retain a large customer base.

The property’s advantageous location and lack of comparable competition within a 25-mile radius further enhance its potential for significant market capture. The redevelopment plan is set for completion in Q1 2025.

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