Texas

Ella Plaza

Houston — Northmarq has arranged the sale of Ella Plaza, an 82,073-square-foot shopping center located at 1319 Cypress Creek Parkway in Houston. Advance Auto Parts, CSL Plasma and the Harris County Public Health Department anchor the property, which was 90 percent occupied at the time of sale. Additional nearby retailers include Kroger, AT&T, Starbucks Coffee, Chick-fil-A, Subway, dd’s Discounts, Ross Dress for Less, Wingstop, CVS Pharmacy, Walgreens and Whataburger. Originally built in 2005, the center sits on roughly 7 acres. Riley Sharman of Northmarq’s Investment Sales team represented the 1031 exchange …

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Dallas — Dallas-based pickleball-themed entertainment venue The Pickle Pad has signed a four-unit franchise agreement across four different markets including Oak Bridge, New Jersey; Port Arthur, Texas; Hoover, Alabama; and Tampa, Florida. The company currently has seven locations under development, while preparing to open three new venues in Myrtle Beach, South Carolina; St. George, Utah; and Newport News, Virginia. While opening dates have not been announced, each location will feature multiple pickleball courts, food-and-beverage offerings, open green spaces and social and lawn games.

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CityLine Plaza

Richardson, Texas —Three tenants have signed leases to join CityLine, a 204-acre mixed-use property under development in Richardson, roughly 14 miles north of downtown Dallas. Manny’s Mexican Kitchen will open its fifth restaurant, which will occupy 5,115 square feet. Show Mini Hot Pot will debut its second North American location, totaling 2,267 square feet. Meanwhile, IMAGE Studios will be expanding its space at the property to include 38 additional suites. The recently signed tenants will open this fall alongside a mix of other retailers and restaurants including Club Pilates, Diesel …

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Conroe Shopping Center

Conroe, Texas — Marcus & Millichap has arranged the sale of Conroe Shopping Center, a 51,030-square-foot retail center located in Conroe, roughly 40 miles north of Houston. The 18-suite property, which is shadow anchored by Kroger, features a mix of tenants including Workforce Solutions, GNC, Subway and Wingstop. Bill Dang and Justin Miller of Marcus & Millichap’s Houston office, procured the buyer, a Houston-based investor, in the transaction. CBRE represented the undisclosed seller. The sales price was also not disclosed.

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Valley Crossing

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.

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Marketplace at Encino Park

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.

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Mockingbird Central Plaza

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 …

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Jewel-Osco grocery store

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.

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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 …

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Killeen Marketplace

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, …

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