Reno, Texas — STRIVE has arranged the sale of a 9,026-square-foot Dollar General in Reno. Adam Gottschalk and Jason Vitorino of STRIVE represented the seller, a wealth management trust, and sourced a local buyer. Additional terms of the sale were not disclosed.
Texas
Fort Worth, Texas — A partnership between Trademark Property Co. and Swift Creek Partners has sold Waterside, a 68-acre mixed-use development located in Fort Worth. The Georgetown Co. purchased the property for an undisclosed price. The mixed-use development — which was 98 percent leased at the time of sale — features 157,791 square feet of retail space anchored by Whole Foods Market and REI. The property also includes 550 multifamily units, office space, a Residence Inn, townhomes and a community pavilion and gathering space. Chris Gerard, Barry Brown, Erin Lazarus …
Irving, Texas — Weitzman has completed the renovation of Grande Center, a 78,194-square-foot retail center in Irving. The renovation project included new color schemes, exterior resurfacing, LED tenant signage, updated LED pylon signage and LED lighting upgrades for the parking lot. Additionally, the center’s signature tower has been reimagined to include squared-off columns, new paint and wood accents. Tenants at the property — which is more than 96 percent leased — include Hooters, EntertainMART, GameStop, Leslie’s Pool Supplies, Red Wing Shoes, SAS Factory Shoes, Pizza Patrón, La Campiña Salvadoreña, Edible …
Cypress, Texas — Fort Worth-based Trademark Property Co. plans to develop a mixed-use retail and restaurant district in the Dunham Pointe Development, a 1,300-acre master-planned community in the Houston suburb of Cypress. The Dunham Pointe Development will feature a mix of residential, office, retail and commercial facilities and have a total of 2,500 custom-built homes. The community will also include a public school. The mixed-use portion of the project will total 205,000 square feet and span 25 acres. According to Trademark, 48 retail, dining and lifestyle tenants have submitted preliminary …
Marcus & Millichap Arranges Sale, Financing of 62,990-Square-Foot Retail Center in Houston
Houston — Marcus & Millichap has arranged the sale and financing of Beechnut Village, a 62,990-square-foot retail center located in Houston. The property — which was fully leased at the time of sale — features 15 tenants operating on a triple-net lease basis, including medical offices, discount retailers and food and beverage businesses. La Michoacana Meat Market anchors the center. Scott Abeel and Philip Levy of Marcus & Millichap’s Dallas office marketed the property on behalf of the seller and procured the buyer, a local private investor, in the transaction. Jamie …
Centennial Plans Additional Mixed-Use Component for Redevelopment of The Shops at Willow Bend in Plano, Texas
Plano, Texas — Dallas-based Centennial has revised its redevelopment plans for The Shops at Willow Bend, a 1.4 million-square-foot super-regional mall in Plano, to include townhomes and single-family residences. Centennial’s late 2024 acquisition of the Macy’s building at the center — following the retailer’s closure announcement of the location — has enabled the company to add the additional uses. Centennial previously unveiled plans to convert the enclosed center to a mixed-use property called The Bend. Under the plans, a portion of the enclosed mall’s footprint will be demolished to make room for …
STRIVE Facilitates Sale of 12,404-Square-Foot Retail Center in Providence Village, Texas
Providence Village, Texas — STRIVE has facilitated the sale of 380 Neighborhood Shops, a 12,404-square-foot retail center located in Providence Village, roughly 15 miles outside Frisco. The property was fully leased at the time of sale. Hudson Lambert and Jason Vitorino of STRIVE represented the seller, a local developer, and sourced the buyer, a local partnership, in the transaction. Additional terms of the sale were not disclosed.
Highland Village, Texas — Four new tenants have signed leases at The Shops at Highland Village, a 375,000-square-foot shopping center located in the Dallas-Fort Worth suburb of Highland Village. The tenants — which will include The Aspen Gift House, Woof Gang Bakery & Grooming, Drybar and iCRYO — are scheduled to open in spring 2025. The Aspen Gift House and iCRYO will occupy 2,784 square feet and 2,587 square feet, respectfully. Woof Gang Bakery & Grooming will comprise 1,965 square feet, while Drybar salon will total 1,429 square feet. The …
Midlothian, Texas — STRIVE has arranged the sale of the Shops on 663, a 14,812-square-foot retail center located in Midlothian, roughly 25 miles southwest of Dallas. The property was fully leased at the time of sale. Jack Hicks and Hudson Lambert of STRIVE represented the Austin-based developer and investor and sourced the California-based buyer, in the transaction. Additional terms of the sale were not disclosed.
Midlothian, Texas — Dallas-based Younger Partners Investments (YPI) has arranged the sale of three restaurant parcels at Midlothian Towne Crossing, a Class A power center located about 25 miles south of Dallas. The restaurant parcels include Chili’s Grill & Bar, Chick-fil-A and McDonald’s. Built in 2019, the Chili’s restaurant is situated on 1.7 acres on a 10-year lease. McDonald’s, which also operates on a long-term lease, sits on 1.1 acres and includes a double drive-thru, parking, as well as accessible highway access. Chick-fil-A features two drive-thru lanes with indoor seating …