Texas

Oak Grove Plaza
Grocery-anchoredInvestment salesNewsTexas

Brixton Capital Acquires 120,552-Square-Foot Oak Grove Plaza in Metro Dallas

by Abby Cox

Sachse, Texas — Brixton Capital has acquired Oak Grove Plaza, a 120,552-square-foot shopping center located in Sachse, roughly 20 miles northeast of downtown Dallas. Kroger, which has operated at the site for 23 years, anchors the property. Additional tenants include Wingstop, Subway, Domino’s Pizza and Kumon, along with a roster of daily-needs services and providers such as Baylor Scott & White Primary Care, Oak Tree Dental, Athletico Physical Therapy and The UPS Store. The 15-acre property comprises two in-line buildings and a Kroger gas pad. Chicago-based Nuveen Real Estate sold the …

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the-district
DevelopmentMixed-useNewsTexas

Mark IV Capital Breaks Ground on Restaurant Component at The District in Central Texas

by Abby Cox

Round Rock, Texas — Mark IV Capital has broken ground on the restaurant collection at The District, a 65-acre mixed-use project under construction in Round Rock, roughly 15 miles north of downtown Austin. Up to 14 food concepts and lifestyle brands will occupy the 41,525–square-foot restaurant block, which will include six buildings integrated along a greenbelt-inspired walkway in the heart of The District. Phase I of The District — which features a 316-unit luxury multifamily building, ground-floor retail and a food-and-beverage plaza — is scheduled for completion in the first quarter …

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Crossroads at Terrell
Investment salesNewsPower centersTexas

YPI Acquires 260,000-Square-Foot Power Center in Metro Dallas

by Abby Cox

Terrell, Texas — Younger Partner Investments (YPI) and Terrell Younger LLC have acquired Crossroads at Terrell, a 260,876-square-foot power center located in Terrell, roughly 30 miles east of Dallas. Situated on 29 acres, Crossroads at Terrell was built between 2019 and 2024. The fully leased center features a mix of tenants including Academy Sports + Outdoors, Hobby Lobby, Marshalls, Bealls, Ross Dress for Less, Petco, Ulta Beauty, Five Below and Buffalo Wild Wings, among others. Kathy Permenter and Moody Younger of YPI represented the buyers. Philip Levy of Institutional Property Advisors (IPA) and Chris …

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inwood-village
LeasingNewsTexas

Six New Tenants to Join Inwood Village in Dallas

by Abby Cox

Dallas — Six new tenants have joined Inwood Village, a 358,968-square-foot shopping center located in Dallas. Portland-based home furnishings brand Rejuvenation and lifestyle brand Ball and Buck have already opened at the center, while additions such as LAKE Pajamas and LiftHER will follow. Fashion brand BURU and New York-style steakhouse Charlie’s will debut in 2027. Additional tenants at Inwood Village, which opened in 1947, include Trader Joe’s, Ulta Beauty, PopUp Bagels, Jungle Studio Fitness, Inwood Theatre, Flower Child, Doughbird, Van Leeuwen Ice Cream, Hiatus Spa, The Lash Lounge and CVS Pharmacy.

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DevelopmentInvestment salesNewsTexas

CenterPoint Acquires 12 Acres in Metro Dallas, Plans Retail Development

by Abby Cox

Waxahachie, Texas — CenterPoint Commercial Properties has acquired 12 acres in Waxahachie, roughly 30 miles south of Dallas, with plans to develop the Village at Soma Creek. The project forms a portion of a 22-acre retail component that is part of a larger 76.7-acre master-planned development in Ellis County. CenterPoint plans to develop the property with a mix of national and regional retailers, restaurants and service-oriented uses, incorporating a combination of pad sites, ground leases and build-to-suit opportunities. The company is already negotiating terms with several national tenants for locations within …

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Lakeway Commons
Company newsGrocery-anchoredMassachusettsNewsTexas

Centennial Selected to Manage Two Grocery-Anchored Centers in Texas, Massachusetts

by Abby Cox

Austin, Texas and Shrewsbury, Mass. — Centennial has been selected to provide management services for two grocery-anchored centers: Casis Village in Austin, Texas, and Lakeway Commons in Shrewsbury, Massachusetts. Randalls anchors Casis Village, a 48,500-square-foot center located in the Tarrytown neighborhood of Austin. Other tenants at the property include Tarrytown Pharmacy, Starbucks Coffee and Estilo. Lakewood Commons is a 100,000-square-foot retail center that is anchored by a 50,000-square-foot Whole Foods Market. A mix of dining and service-oriented tenants, such as Starbucks Coffee, Tavern in the Square and Burtons Grill, are …

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TGI-Fridays
DevelopmentNewsRestaurantsTexas

TGI Fridays to Open Five Restaurants Across New York State

by Abby Cox

Dallas — TGI Fridays has signed a development agreement with Bliss Bites LLC to open five restaurants across New York State. The agreement marks the company’s first domestic development agreement in more than a decade. The Dallas-based restaurant chain plans to grow to 1,000 units and $2 billion in annual revenue by 2030. The company opened its first restaurant on Manhattan’s Upper East Side in 1965.

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Town Square Shopping Center
Investment salesNewsTexas

Partners Capital Purchases Three-Property Retail Portfolio in Northwest Houston

by Abby Cox

Houston — Partners Capital, the investment platform of Partners Real Estate, has purchased a three-property retail portfolio totaling 116,143 square feet in northwest Houston. The acquisition was made through Partners Capital’s Opportunity Fund VI.  The portfolio comprises Town Square Shopping Center (62,762 square feet), Boardwalk Shopping Center (24,417 square feet) and The Exchange Shopping Center. Other properties in the Fund VI portfolio include Colonnade of McAllen, a 41,041-square-foot neighborhood center in McAllen, Texas; and Powers Ferry Business Park, a 261,949-square-foot flex/service center in Northwest Atlanta. John Indelli and Zamar Salas of …

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River Oaks District
Company newsMixed-useNewsTexas

Hines Selected to Manage River Oaks Mixed-Use District in Houston

by Abby Cox

Houston — Hines has been selected to provide management services on behalf of Fertitta Entertainment for River Oaks District, an 18-acre luxury mixed-use development located in Houston. Hines will oversee day-to-say operations, tenant relations and the overall guest experience, while Odyssey Retail Advisors will handle leasing at the property.   River Oaks District comprises 300,000 square feet of retail and dining space and is home to more than 60 brands such as Hermès, Dior, Cartier, Van Cleef & Arpels, Loro Piana, Loewe, Carolina Herrera, Dolce & Gabbana, Harry Winston, Rolex by …

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Trustmark
AlabamaFloridaInvestment salesNewsTennesseeTexas

JLL Arranges $91.7 Million Sale-Leaseback of Retail Bank Portfolio Spanning Five States

by Abby Cox

Chicago — JLL Capital Markets has arranged the $91.7 million sale-leaseback of 34 retail bank branches occupied by Trustmark Bank, spanning five states across the Southeast. The 222,037-square-foot portfolio includes 15-year absolute triple-net leaseback agreements featuring 1.5 percent annual rent increases. The portfolio is predominantly located in Mississippi, alongside locations in Florida’s Gulf Coast; Memphis, Tennessee; Houston, Texas; and Montgomery and Huntsville, Alabama. Trustmark will continue to operate branches at each of the locations with no changes to its products or service offerings. JLL’s Chicago-based Corporate Capital Markets and Net Lease …

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