Diamonds Direct Ground Lease

Diamonds Direct opened April 2025 with a brand new construction absolute net ground leased single tenant asset located across from the prestigious open air University Park Village Lifestyle Center and moments from Texas Christian University in Fort Worth, Texas. Situated approximately 5 minutes south of Downtown Fort Worth and within the exciting West Bend mixed use development that includes Warby Parker, Shake Shack, Tyler's, Dry Bar, Ascension Coffee and Bluemercury among others.   Built in 2025, Diamonds Direct signed a 15-year absolute net lease with 10% rent escalations every 5-years through January 2040 with three, 5-year renewal options. In 2021, Diamonds Direct was acquired by Signet Jewelers, operators of Kay Jewelers and Zale’s. Signet Jewelers (NYSE: SIG) reportedly generated $6.70 billion in revenue for 2024, with $750MM of which contributed by Diamonds Direct. The Property features zero landlord  responsibilities, favorable visibility to University Drive, brand new improvements and exceptional finish out. Diamonds Direct benefits from favorable demographics in which the average household income exceeds $130,700 and $112,480 in a one and three mile radius, respectively.  Nearby national retailers include Lululemon, Apple, Williams Sanoma, Pottery Barn, Chase Bank, GAP, Chico’s, Staples, Altar’d State, Madewell and Eatzi’s among others.