The Hill Mall has been sold to Asana Partners. Courtesy of JLL Capital Markets.

Asana Partners now owns The Hill Shopping Center.

JLL Capital Markets announced on August 16 that former owners EB Arrow have officially completed the sale of the 240,000 square foot shopping center in the Lake Highlands area.

The Hill has undergone renovations as part of a redevelopment project for several years and is home to more than 30 stores, restaurants, and fitness and service providers, including Wok Star Chinese, Casa Verona, and Civil Pour. Further updates are planned by Asana Partners, including improvements to existing buildings and the courtyard, The morning news from Dallas reports.

The new owners also aim to eventually create a mixed-use community with a “full range of amenities” at The Hill, Asana Partners’ Brad Kantrowitz said in a statement to The Hill. DMN.

North Carolina-based Asana Partners also owns properties in Deep Ellum and Victory Park, as well as Austin and Houston.