MCP Ventures Completes Sale of Morrison Crossing
MCP Ventures, LLC, a Fort Worth, TX-based private equity real estate firm, has sold Morrison Crossing in Brownsville, Texas for an undisclosed price to an all-cash buyer.
The 96,700 square foot commercial retail center was purchased in November 2022. This 95% leased asset includes such credit tenants as Dollar Tree, Cavender’s, Conns, and Jason’s Deli.
“Many thanks to Tom Salanty with NAI, Luke Fuller with Defease with Ease, and the team at Bell Nunnally including Jean Boyea, Carlos Alferez and Ty Johnson on this transaction,” said Bill Morris, Founder of MCP Ventures, LLC.