JLL Capital Markets announced today that it has arranged the sale and acquisition financing of Pavilion on Lovers Lane, a premier specialty-grocer-anchored retail center in one of Dallas’ most affluent neighborhoods. This marks the first time the property has ever been offered on the market.
JLL represented the Seller, Corrigan Investments, a multi-generational Dallas real estate investment company. The buyer was a Dallas-based real estate investment firm.
Pavilion on Lovers Lane is strategically positioned at 5600–5710 West Lovers Ln., immediately west of the Dallas North Tollway. The property offers exceptional visibility with more than 101,800 vehicles per day and is located minutes from Dallas’ most distinguished neighborhoods, including University Park, Highland Park, Bluffview, Devonshire, Greenway Parks and Preston Hollow.
The 113,823-square-foot retail center spans two buildings and is 99.7% leased. Built in 1986 and 2006 and most recently renovated in 2023, the property sits on 7.0 acres. The tenant roster features a dynamic mix of boutiques, restaurants, and service-oriented concepts centered on lifestyle brands, including Eatzi’s, Odelay, Stay Fit Studios and La La Land Cafe.
JLL Capital Market’s Investment and Sales Advisory team representing the seller was led by Senior Managing Director Barry Brown and Director Erin Myer. Senior Managing Director Wally Reid, Director Kristi Leonard and Associate Luke Rogers spearheaded the Debt Advisory team.
