McAllen, TX, June 29, 2026 – Partners Capital, the investment platform of Partners Real Estate (“Partners”), today announced the acquisition of Colonnade of McAllen, a fully occupied 41,041-sq.-ft. neighborhood retail center located at 6500 N 10th St in McAllen, TX. The transaction marks Partners Capital’s second acquisition through Opportunity Fund VI and the first retail property acquired through the vehicle.

Colonnade of McAllen is a 100% occupied neighborhood retail center built in 2004 along one of McAllen’s primary commercial corridors. The property’s full occupancy at the time of acquisition reflects the sustained demand for well-located retail in McAllen, a market that has demonstrated consistent population growth and strong fundamentals for consumer spending.

“McAllen is a fast-growing market that’s still under the radar for a lot of institutional capital,” said Andrew Pappas, Partner and President of Partners Capital. “The population is growing, the consumer base is healthy, and retail demand remains strong. Colonnade is a great way to establish a foothold in a market we expect to keep drawing attention.”

“What drew us to Colonnade is the location. The property sits on a signalized hard corner seeing nearly 28,600 vehicles per day, right next to the 10th & Trenton hub that draws more than 19.5 million domestic visits annually, in a submarket that’s stayed consistently above 95% occupied,” said Carson Grett, Vice President of Retail Acquisitions. “It serves a dense, high-income neighborhood with a service-based tenant lineup the community relies on, which is what gives this asset its durability and long-term growth potential.”

This acquisition builds on the momentum of Fund VI’s launch earlier this year, which opened with the acquisition of Powers Ferry Business Park, a 261,949-sq.-ft. flex/service center in the high-growth Cumberland/Galleria submarket of Northwest Atlanta.

Partners Capital has completed more than $800 million in transactions over the past decade, sponsoring eight investment funds across three investment strategies. Today the platform’s portfolio totals more than 2.2 million sq. ft. across key markets in Texas and the Southeast.

Accredited Investors can invest in Opportunity Fund VI, and all of Partners Capital’s open offerings through our Broker Dealer, Partners Finance. To learn more about our Investment Platform, please contact [email protected].

Real estate investments involve risks, including market volatility, tenant turnover, and operational costs. Past performance is not indicative of future results. There can be no assurance that these trends will continue. This is not an offer to sell or solicitation to buy securities. Any offering is made only through official offering materials, which include detailed risk disclosures.