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Head Capital Partners has spun off Independence Square, a 140,218-square-foot retail property in Plano, Texas. Fidelity bought the property.

Independence Square, located at 3100 Independence Pkwy., sits on a 13.37-acre site. The center, built in 1977 and renovated in 2005, features a mix of tenants anchored by Tom Thumb, which has maintained a 46-year tenure at the location. The property boasts a strong 93% occupancy rate with a weighted average lease term of 4.6 years. Independence Square has also demonstrated strong leasing momentum with notable tenant upgrades since 2023.