{"id":398867,"date":"2026-08-06T01:40:29","date_gmt":"2026-08-06T01:40:29","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/398867\/"},"modified":"2026-08-06T01:40:29","modified_gmt":"2026-08-06T01:40:29","slug":"struggling-ridgmar-mall-finds-a-new-owner-set-to-become-logistics-center","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/398867\/","title":{"rendered":"Struggling Ridgmar Mall finds a new owner, set to become logistics center\u00a0"},"content":{"rendered":"

by Bob Francis, Fort Worth Report
August 5, 2026<\/p>\n

The long-struggling Ridgmar Mall<\/a> is getting a new life as a logistics center.\u00a0<\/p>\n

Ramrock Real Estate, a Dallas-based private equity firm, announced its acquisition of the mall Wednesday, with plans to redevelop the site as Ridgmar 30 Logistics Crossing, a six-building development of about 931,000 square feet.\u00a0<\/p>\n

The sale of the mall comes after one of the last retailers, JCPenney, announced plans to close its store there later this year. The news release did not say what would happen to the other retailers there. The mall, which opened in 1976, still has a Dillard\u2019s outlet store, a movie theater and other small businesses.\u00a0<\/p>\n

Ramrock is partnering with KBC Advisors and Lincoln Property Company on the project.\u00a0<\/p>\n

The real estate equity firm is the developer behind the 8300 Douglas, a 12-story office building at another former mall in Dallas \u2014 Preston Center.<\/p>\n

Bob Francis is business editor at the Fort Worth Report.\u00a0 bob.francis@fortworthreport.org.\u00a0<\/p>\n

At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here<\/a>.<\/p>\n

This <a target=”_blank” href=”https:\/\/fortworthreport.org\/2026\/08\/05\/struggling-ridgmar-mall-finds-a-new-owner-set-to-become-logistics-center\/”>article<\/a> first appeared on <a target=”_blank” href=”https:\/\/fortworthreport.org”>Fort Worth Report<\/a> and is republished here under a <a target=”_blank” href=”https:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/”>Creative Commons Attribution-NoDerivatives 4.0 International License<\/a>.<img src=”https:\/\/i0.wp.com\/fortworthreport.org\/wp-content\/uploads\/2021\/04\/cropped-favicon.png?resize=150%2C150&amp;ssl=1″ style=”width:1em;height:1em;margin-left:10px;”><\/p>\n

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