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Centergy Retail is selling a mall along Fort Worth’s West 7th St. corridor

2400 West 7th Street in Fort Worth and Jim Batjer, vice president of CBRE (Google Maps, CBRE)

A mall in one of Fort Worth’s most changing neighborhoods has just changed hands.

Dallas-based Centergy Retail just sold the 114,120-square-foot Left Bank mall on West 7th Street to an institutional investor for an undisclosed price, according to the Dallas Business Journal. CBRE organized the sale.

Left Bank is part of a 34-acre mixed-use development, which will eventually include 1,900 multi-family units when complete. The property is part of Fort Worth’s West 7th Street Corridor, which CBRE Vice President Jim Batjer called “one of the densest and fastest growing submarkets in Dallas-Fort Worth.” “.

The mall is anchored by a Tom Thumb, which would be the grocery store of choice for most neighborhoods surrounding West 7th Street.

Right now, Left Bank is across from the Montgomery Plaza Mall. However, the City of Fort Worth is currently considering a possible 595-unit apartment complex that would replace the Five Below, Office Depot, PetSmart, Dollar Tree, and Michael’s that make up the nearby mall. While the proposed Montgomery Plaza apartment development would bring much needed housing to the area, the zoning commission was forced to issue a 30-day extension on the deal after traffic data provided by the developer was in conflict with data that a group of 10 residents privately commissioned.

-Maddy Sperling