Ensenada Square is a 63,000 square foot Kroger anchored shopping center in Arlington, TX with good visibility, access and traffic along Bowen Road at the intersection of Norwood Lane with approximately 45,000 combined vehicles per day. The center was located between I-20 and I-30 amidst stable residential neighborhoods and fast growing entertainment, education and healthcare districts, within the submarket.

 

PMAT purchased the newly renovated asset and immediately upgraded the tenancy through the addition of a Family Dollar. Through the leasing process, PMAT increased the property’s occupancy from 78% to a stabilized 92%.