Weslaco, Texas — Optima Investments has acquired Valley Crossing, a 178,594-square-foot retail center located in the Rio Grande Valley city of Weslaco. JC Penney, T.J. Maxx and Petco anchor the center, which was 97 percent leased at the time of sale. Nearby retailers include Walmart Supercenter, Lowe’s, Academy Sports and H-E-B. Mark Witcher, Harrison Tye and Jolie Duhon of CBRE’s National Retail Partners represented the seller, Capcor Weslaco Ltd, in the transaction.
San Antonio — JLL has arranged the sale of Marketplace at Encino Park, an 85,129-square-foot shopping center located in San Antonio. Sprouts Farmers Market anchors the property, which was fully leased at the time of sale. Additional tenants include Pet Supplies Plus, Burger King and F45 Training. Built in 2019, the center is situated on roughly 13 acres. Barry Brown, Erin Lazarus, Shea Petrick and Whitney Snell of JLL’s Investment Sales and Advisory team represented the seller, locally based Birnbaum Property Co., in the transaction. The buyer was InvenTrust Properties.
Dallas — Disney Investment Group (DIG) has negotiated the sale of Mockingbird Central Plaza, a 79,885-square-foot shopping center located in the Highland Park area of Dallas. Situated near Southern Methodist University, the center is 98 percent leased and features a mix of 22 tenants including Whole Earth Provision, Jason’s Deli, Mattress Firm, Run On, Uptown Cheapskate and a recently signed Chipotle, which is expected to open in 2026. David Disney and Adam Crockett of DIG represented the locally based seller, Corsair Property Co., and procured the buyer, shopping center REIT Curbline …
San Diego, Calif. — Kidder Mathews has arranged the $75.9 million sale of a 10-property, single-tenant net leased retail portfolio totaling 322,304 square feet. The portfolio spans five states — including Colorado, Illinois, Nevada, Texas and Wisconsin — and features five Albertsons-guaranteed grocery stores, four auto service centers and one Dutch Bros Coffee shop. Paul Danker of Kidder, along with Scott Reid of Parasell Inc. and John Nesbitt, Kristen Zimmerman and Remy Tams of Designated Broker Solutions, represented the seller, a private investor.
Pleasanton, Texas — Headwall Investments has sold Gorman Plaza, an 18,000-square-foot retail center in Pleasanton, roughly 36 miles south of San Antonio. Situated along Texas State Highway, the center was 89 percent leased to a mix of tenants including Hibbett Sports, Wingstop, James Avery, Papa Johns Pizza and AT&T at the time of sale. Originally built in 2015, the property sits on 3 acres, according to LoopNet Inc. The buyer and sales price were not released. Since acquiring Gorman Plaza in 2020, Headwall’s portfolio has grown to span the four major metros …
Texas and Arkansas — Beechwood, Ohio-based Chase Properties has purchased a 514,983-square-foot retail portfolio of four shopping centers located in Texas and Arkansas. The portfolio includes Southloop Crossing in Lufkin, Texas; Killeen Marketplace in Killeen, Texas; Southcenter Shopping Center in Hot Springs, Arkansas; and Massard Crossing in Fort Smith, Arkansas. Notable tenants at the properties include Ross Dress for Less, Best Buy, T.J. Maxx, Kroger and Hobby Lobby. The portfolio was 97 percent leased at the time of sale. This transaction marks the company’s entry into both states. Adam Howells, …
Round Rock, Texas — SRS Real Estate has brokered the sale of The Shops at Greenlawn, a 22,970-square-foot retail center located in the Austin suburb of Round Rock. Situated near Dell Technologies headquarters, The Shops at Greenlawn was 92 percent leased to nine tenants including Next Level Urgent Care, Bay Leaf Indian Restaurant, Wow Eyebrows, WiseGuys, Clearview Dental and Arepitas at the time of sale. Cathy Nabours, Kyle Shaffer and Sam Nichols of SRS Capital Markets represented the seller, locally based Mathias Partners, in the transaction. The buyer was an …
Dallas — Adolfson & Peterson Construction has begun construction of The Seam, a 160,000-square-foot redevelopment project located in the Dallas Design District. Formerly Oak Lawn Design Plaza, the multi-million-dollar project will provide nearly 50 spaces for retail, restaurants, wellness providers and showrooms. Morris Adjmi Architects (MA) is serving as the design architect for the project, while GFF Design is serving as the architect of record. Construction of the development began in March, and delivery is targeted within a year from the start date. Originally built in the 1970s, improvements to the nine-acre property …
Spring, Texas — Texas-based Headwall Investments has acquired the Shops on Gosling, a 34,613-square-foot neighborhood shopping center in Spring, 25 miles north of Houston. This transaction marks the firm’s 19th shopping center acquisition for its Texas unanchored shopping center strategy, expanding its portfolio to roughly 645,000 square feet and 200 tenant spaces across the Austin-San Antonio, Dallas-Fort Worth, and Houston markets. Built in 2019, the center is situated adjacent to the master-planned community of The Woodlands. Tenants at the property include Shipley Do-Nuts, Tune Up Salon, Capital Title, Fajita Pete’s and …
Longview, Texas — Locally based Scarborough Commercial Real Estate has arranged the sale of Hawkins Crossing, a 16,250-square-foot retail center located at 3052 North Eastman Rd. in Longview. Situated on 2 acres, the property was 93 percent leased to tenants including Louisiana Cajun Kitchen, Fresh Dental and PURE Nail Salon at the time of sale. Stephanie Taylor of Scarborough Commercial represented the seller and sourced the buyer in the transaction.
