Lewisville, Texas — Planet Fitness has signed a 20,105-square-foot lease at Vista Ridge Plaza, a retail center located in Lewisville, roughly 30 miles outside Dallas. Other tenants at the property include Harbor Freight, McAlister’s Deli and Smoothie King. Oliver Willman, Baylor Worman, Grayson Duyck and William Carr of Matthews Real Estate Investment Services represented the landlord in the leasing negotiations.
Plano, Texas — Triten Real Estate Partners has completed the office and retail portions of Assembly Park, the redevelopment of Market Square Mall in Plano. Located along Central Expressway and Spring Creek Parkway, the project features 180,000 square feet of creative office space, 17,000 square feet of walkable retail and dining space, a park and hiking and biking trails. Additionally, Triten is set to complete The Annabel, Assembly Park’s multifamily development, in December. The Class A apartment community features one, two- and three-bedroom units with rentable garages and storage units. …
Galleria, Liberty and Magnolia, Texas — Baker Katz has arranged three leases totaling 7,673 square feet in Texas on behalf of T-Mobile. The tenant will occupy 2,000 square feet and 3,339 square feet in Magnolia and Galleria, respectively, beginning in the first quarter of next year. Additionally, T-Mobile has opened a 2,334-square-foot store in Liberty. Jonathan Aron of Hunington Properties represented the landlord in the leasing negotiations in Liberty, and Court Richardson of Ironbridge represented the landlord in the Magnolia lease. Bunny McLeod of Wulfe represented the ownership of Golden Plaza, …
Katy, Texas — SRS Real Estate Partners has arranged the $14.6 million sale of a 55,000-square-foot retail building in the Houston suburb of Katy. Kohl’s occupies the property, which is currently under construction, on a triple-net-lease basis. Matthew Mousavi and Patrick Luther of SRS represented the seller and procured the buyer, which acquired the asset via a 1031 exchange.
Arlington, Texas — CBRE has arranged the sale of Cooper Street Plaza, a 91,856-square-foot shopping center in Arlington. The center was 97.5 percent leased at the time of sale. K&G Mens Co. and Office Max anchor the property. Other tenants include Black Rifle Coffee, UPS, State Farm Insurance and Ninja Sushi. Jared Aubrey and Michael Austry of CBRE represented the seller, an undisclosed Texas-based REIT, in the transaction. The buyer was Vista Property Co.
Spring, Texas — Wu Property Management has purchased Cypresswood Court Shopping Center, a 103,047-square-foot retail property located in the Houston suburb of Spring. Target, Best Buy and dd’s DISCOUNTS are the anchor tenants at the center, which was built on 11.3 acres in 1985, according to LoopNet Inc. Wu Property Management has appointed Sturbridge Commercial as the leasing agent.
Richmond, Texas — Beverage concept SWIG has signed a 19,161-square-foot lease at Grand at Aliana, a retail center located in Richmond. NewQuest Properties is the landlord. Josh Friedlander and David Meyers represented NewQuest on an internal basis in the leasing negotiations. Jeff Hayes and Travis Waltmon of Palo Duro Commercial Partners represented the tenant.
Rosenberg, Texas — The Signorelli Co. has announced plans for Phase I of Austin Point, a 4,700-acre master-planned community located roughly 30 miles southwest of Houston in Rosenberg. Upon completion, the development will feature 14,000 homes and 15 million square feet of multifamily, office, medical, retail and hospitality space. The project will also include the extension of Fort Bend Parkway and Grand Parkway at the development site for more convenient access to downtown Houston. Phase I of Austin Point is set to break ground in 2024 and will include the …
Frisco, Texas — STRIVE has arranged the sale of 3 Corners Plaza — Building 2, a 10,339-square-foot retail center located in Frisco. The property was fully leased at the time of sale. Adam Gottschalk and Hudson Lambert of STRIVE represented the seller in the transaction. An undisclosed California-based investor purchased the property.
Fairview, Texas — Larks Entertainment has signed a 25,000-square-foot lease at Fairview Town Center in Fairview, with plans to open an entertainment center, cocktail bar and restaurant at the property. The venue is scheduled to open in December. Joseph Williams of The Woodmont Co. represented the tenant in the leasing negotiations, and Walt Davis of Lincoln Property Co. represented the landlord.