Fort Worth, Texas, October 1, 2026 / PRNewswire / -- On the 10th of Federal, they acquired a shopping center located at 1701 S. Cherry Lane in Fort Worth, Texas (1701 S. Cherry Lane), with an area of 105,182 square feet. This is the company's second retail asset acquisition in September.
This transaction follows closely on its acquisition of Burlington Commons (formerly Eric Lane Shopping Center) in Burlington, North Carolina on September 2nd.
The property is located in the western Westgate Addition sub-market of Fort Worth, covering an area of nearly 11 acres. The main tenants are Academy Sports, Outdoors, and The Picklr.
This acquisition is built upon the business foundation that 10 Federal has established in Talant County ( Tarrant County ). The company currently operates 7 self-service storage facilities in the area, covering communities such as Arlington, Lake Worth, Keller, North Richland Hills, and Azalea. According to USAFacts, Talant County has seen significant population growth in recent years and is ranked among the fastest-growing counties in the United States.
10 Federal Vice President of Investments Ian Levin indicates:Fort Worth is one of the most attractive growth markets in the United States, and we believe that this sub-market still has considerable untapped potential. The population growth, income growth, and economic activity in Tarrant County are driving demand for retail properties with superior locations and a focus on essential needs, and this shopping center has provided us with a solid base of core tenants in a business district with strong long-term fundamentals.
10 Federal indicates that this acquisition reflects the company's ongoing expansion from self-service warehousing business to complementary commercial real estate opportunities. The company currently operates 132 self-service warehousing properties in 15 states through its technology-enabled management platform.
Media contact:Ian Levin, [ email protected ]
Regarding 10 Federal
10 Federal is a leading innovator in the self-storage industry, managing 131 facilities across 15 states. As one of the largest owners and operators of fully automated self-storage facilities in the United States, the company utilizes advanced technology, artificial intelligence, and data analysis to provide better risk-adjusted returns. 10 Federal has been recognized as one of the 5000 fastest-growing companies in the U.S., one of the top Storage ( ISS ) operators, a top real estate fund according to Preqin, and a top fundraising institution according to Juniper Square. The company has established an automated management platform that redefines the operational efficiency of the modern self-storage industry. For more information, please visit: www.10fed.com.
source:
- U.S. Census Bureau QuickFacts: Fort Worth, Texas: __BJWKEEP_00002// __BJWKEEP_00003/ __BJWKEEP_00004/ __BJWKEEP_00005/ __BJWKEEP_00006/ __BJWKEEP_00007/ PST045224
- USAFacts: Population of Talant County, Texas: https :// usafacts.org / answers / is-the-population-growing-or-shrinking / county / tarrant-county-tx /
Message source:10 Federal
