DALLAS – Humphreys Fund IV announces its investment in Sherman Centre, a retail property in Sherman, Texas. The business plan includes pad site sales, lease-up, and market rent adjustments to optimize value.

Currently 60% occupied, the center benefits from strong anchors, including Bomgaars, a farm and ranch supplier, and Nautilus Family Fitness. Demand for retail space is expected to rise as new Texas Instruments and GlobiTech manufacturing facilities bring over 4,500 jobs to the area. The fund’s entry price, well below replacement cost, provides a strong foundation for future value creation.