{"id":430991,"date":"2026-09-09T21:02:17","date_gmt":"2026-09-09T21:02:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/430991\/"},"modified":"2026-09-09T21:02:17","modified_gmt":"2026-09-09T21:02:17","slug":"madison-realty-capital-lends-77m-for-whole-foods-anchored-texas-development-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/430991\/","title":{"rendered":"Madison Realty Capital Lends $77M for Whole Foods-Anchored Texas Development \u2013 Commercial Observer"},"content":{"rendered":"<p>A joint venture between <a href=\"https:\/\/commercialobserver.com\/company\/trademark-property-company\/\" title=\"Trademark Property Company\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Trademark Property Company<\/a> and <a href=\"https:\/\/commercialobserver.com\/company\/harrison-street-asset-management\/\" title=\"Harrison Street Asset Management\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Harrison Street Asset Management<\/a> has sealed $77 million of construction financing to build a mixed-use development in the Dallas-Fort Worth region anchored by <a href=\"https:\/\/commercialobserver.com\/company\/whole-foods\/\" title=\"Whole Foods\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Whole Foods<\/a>, Commercial Observer has learned.<\/p>\n<p><a href=\"https:\/\/commercialobserver.com\/company\/madison-realty-capital\/\" title=\"Madison Realty Capital\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Madison Realty Capital<\/a> originated the loan for the sponsorship\u2019s Shivers Farm project in Southlake, Texas, featuring 37 single-family residential lots along with 161,000 square feet of retail and office space. The development will include a 35,500-square-foot Whole Foods that marks the grocer\u2019s first location in Southlake.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/09\/lore-element-development-miami-coconut-grove-lincoln\/\" rel=\"nofollow noopener\" target=\"_blank\">LORE and Element Land $58M to Build Miami Condo<\/a><\/p>\n<p>Located at 1900 North White Chapel Boulevard on a 40.2-acre site 26 miles northwest of Downtown Dallas, the commercial component of Shivers Farm will comprise roughly 128,000 square feet of retail and a 33,000 square feet of office space across nine buildings. It will mark the only grocery-anchored retail property north of SH 114 within a three-mile radius, according to Madison Realty Capital.<\/p>\n<p>\u201cDallas-Fort Worth remains one of the most fundamentally sound and diverse markets in the country,\u201d Samir Tejpaul, managing director and head of investments at Madison Realty Capital, said in a statement. \u201cSouthlake is a particularly sought-after suburb in the metro, and Shivers Farm will deliver Southlake\u2019s first Whole Foods while expanding its retail, office and residential offerings.\u201d<\/p>\n<p>Trademark Property Company and Harrison Street Asset Management <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/harrisonst.com\/trademark-and-harrison-street-asset-management-announce-investment-in-shivers-farm-mixed-use-development\/\">announced<\/a> a joint venture investment in the\u00a0 Shivers Farm project last week with construction slated to commence later this month. Retail leases totaling 40,199 square feet have been signed with active\u00a0active negotiations underway for 65,000 square feet of additional retailers and restaurants, according to Trademark.<\/p>\n<p>\u201cWe are seeing a resurgence of retail development across the country, with three of our own projects breaking ground this summer,\u201d Terry Montesi, CEO and founder of Trademark, said in a statement. \u201cShivers Farm stands out as one of Southlake\u2019s most significant commercial developments in recent history.\u201d<\/p>\n<p>Andrew Coen can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/09\/madison-realty-capital-whole-foods-dallas-fort-worth\/mailto:acoen@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">acoen@commercialobserver.com<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"A joint venture between Trademark Property Company and Harrison Street Asset Management has sealed $77 million of construction&hellip;\n","protected":false},"author":2,"featured_media":430992,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[116,118,117,149795,149796],"class_list":["post-430991","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-worth","tag-fort-worth","tag-fort-worth-headlines","tag-fort-worth-news","tag-samir-tejpaul","tag-terry-montesi"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/430991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=430991"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/430991\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/430992"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=430991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=430991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=430991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}