10 Federal Acquires Second Retail Property in September, Expanding Presence in Fort Worth
On October 1, 2026, 10 Federal announced the acquisition of a shopping center located at 1701 S. Cherry Lane in Fort Worth, Texas. This marks their second retail property purchase this month and follows an earlier acquisition in Burlington, North Carolina. The newly acquired site spans nearly 11 acres with Academy Sports + Outdoors and The Picklr as anchor tenants. The move strengthens 10 Federal's presence in Tarrant County, where the company already operates seven self-storage facilities across multiple communities. Ian Levin, Vice President of Investments at 10 Federal, highlighted Fort Worth’s strong population growth and economic fundamentals as key drivers for their investment strategy. The acquisition reflects a broader expansion into complementary commercial real estate beyond self-storage. Currently managing 132 properties in 15 states through an automated platform, the company is leveraging technology to enhance operational efficiency and deliver risk-adjusted returns.
Topics: acquisition retail real estate Texas market expansion