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DevelopmentMixed-useNewsTexas

Trademark to Redevelop 45-Acre Lincoln Square in Dallas-Fort Worth Metro

by Hayden Spiess

Arlington, Texas — Trademark Property Co. will redevelop Lincoln Square, a 45-acre shopping center located in Arlington, roughly 14 miles outside Fort Worth. Trademark plans to reposition the property as a mixed-use development and has received approval to rezone the site from the City of Arlington. Construction is scheduled to begin in the second quarter of next year. Upon completion, the first phase of the project — dubbed Anthem — will feature 152,000 square feet of retail and restaurant space, as well as a hotel, apartments and office space. Plans also …

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Investment salesNewsTexas

Headwall Investments, SageView Partners Acquire 126,549-Square-Foot Shopping Center in San Antonio

by Hayden Spiess

San Antonio — A joint venture between Headwall Investments and SageView Partners has acquired The Colonnade Retail Center, a 126,549-square-foot shopping center located in San Antonio. Tenants at the property include Firehouse Subs, Great Clips, The Honey Baked Ham Co., First Watch and PJ’s Coffee of New Orleans. This marks the inaugural purchase for Headwall’s Shopping Center Fund II portfolio, a platform targeting unanchored convenience retail centers in major Texas metros. 

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LeasingNewsRestaurantsTexas

Salad and Go Signs Four New Leases in Texas

by Hayden Spiess

Houston — Fast-casual concept Salad and Go has signed four new leases in Texas. The brand will open restaurants at a 44,431-square-foot property in Magnolia and a 30,000-square-foot property in Cypress. Danny Miller of Gulf Coast Commercial Group represented the landlord in both negotiations. Salad and Go has also signed leases in The Woodlands and Bryan. Jacob Weersing of Capital Retail represented the landlord of the Woodlands property in the transaction. Jason Baker, Traci Holman, Lunden McGill and John Frazier of Baker Katz represented Salad and Go in the lease negotiations. 

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Investment salesNewsTexas

Vista Property Buys 197,553-Square-Foot Shopping Center in Lake Worth, Texas

by Hayden Spiess

Lake Worth, Texas —Vista Property has purchased Lake Worth Marketplace, a 197,553-square-foot shopping center located in Lake Worth, on the northwestern outskirts of Fort Worth. Built in phases between 2005 and 2007, the center was 93 percent leased at the time of sale to tenants including Kohl’s, Marshalls, Burlington, pOpshelf, Lane Bryant and Bath & Body Works. Barry Brown, Chris Gerard, Erin Lazarus, Keenan Ryan and Ben Pollack of JLL represented the undisclosed seller in the transaction.

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LeasingNewsTexas

High Five Mini Bar to Open Walk-Up Bar at Stomping Grounds in Houston

by Hayden Spiess

Houston — High Five Mini Bar will open this month at Stomping Grounds, a retail development located in the Garden Oaks neighborhood of Houston. Occupying 126 square feet, the bar will mark the debut of the craft cocktail concept by Will Ebarb and Chris Cusack. RE:VIVE Development is the developer and landlord at the property. 

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DevelopmentEntertainmentNewsTexas

Notes Live to Open $220 Million Music, Entertainment Venue in Texas

by Hayden Spiess

McKinney, Texas —Hospitality and entertainment operator Notes Live will open Sunset Amphitheater, a $220 million live music and entertainment venue, in the northern Dallas suburb of McKinney. Situated on a 46-acre site, the venue will have the capacity to house about 20,000 people and will feature more than 250 luxury firepit suites, owners club seats and traditional reserved seats in the middle and lower levels of the bowl. Construction is scheduled to begin before the end of the year, with completion expected in 2026. 

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Company newsNewsRestaurantsTexas

Johnny Rockets to Open 20 New Texas Restaurants Over Next Decade

by Hayden Spiess

Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc., the Los Angeles-based parent company of 17 restaurant concepts, has signed a new development deal to open 20 new Johnny Rockets restaurants across Texas over the next 10 years. The new locations will open in partnership with Brame Holdings LLC, a San Antonio-based private investment company with a portfolio of franchised restaurants and automotive stores. The first of the restaurants is scheduled to open this year. 

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Nordstrom to Open 26 New Nordstrom Rack Stores

by Hayden Spiess

Seattle — Seattle-based retailer Nordstrom has announced plan to open 26 new Nordstrom Rack stores. Openings are scheduled to begin this spring and continue through spring 2025. The sites of the new stores include locations in Arizona, California, Florida, Georgia, Illinois, Indiana, Nebraska, New Jersey, New York, North Carolina, Ohio and Texas.

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ArkansasCompany newsNewsRestaurantsTexas

Slim Chickens Signs Three-Restaurant Franchise Deal in Texas

by Hayden Spiess

Fayetteville, Ark. — Fast-casual brand Slim Chickens has signed a franchise deal for three new restaurants in Texas. Joel Garza of TX-SC Ventures LLC will own and operate the units, which will be located in Brazos and Polk County. Garza previously signed a multi-unit franchise deal with the Fayetteville, Arkansas-based brand in 2020, opening stores in the greater Houston area. The locations of the new restaurants will include College Station and Livingston. Slim Chickens’ current portfolio includes more than 255 stores throughout the U.S., with more than 1,200 in development. 

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