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Dick's House of Sport
DevelopmentMixed-useNewsTexas

Dick’s House of Sport Opens 100,000-Square-Foot Store to Anchor Live Oak Town Center in Texas

by Abby Cox

Live Oak, Texas — Dick’s House of Sport has opened a new 100,000-square-foot store at Live Oak Town Center, a mixed-use center under development in Live Oak, roughly 15 miles northeast of San Antonio. Dick’s House of Sport will anchor the property, along with a 300,000-square-foot IKEA and a 79,681-square-foot Floor & Décor store. David Nicolson and Michael Schoenbrun of Dallas-based Weitzman — the developer of Live Oak Town Center — handled lease negotiations. Upon completion of the development, Live Oak Town Center will total more than 800,000 square feet …

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Westcliff Shopping Center
DevelopmentGrocery-anchoredNewsTexas

Partners Capital Completes Restoration of Westcliff Shopping Center in Fort Worth, Texas

by Abby Cox

Fort Worth, Texas — Partners Capital, the investment platform of Partners Real Estate, has completed the renovation of Westcliff Shopping Center, a 134,750-square-foot grocery-anchored, neighborhood shopping center located near Texas Christian University (TCU) in Fort Worth. The revitalization of the center’s 22,000-square-foot façade included modern updates, while also restoring its original character to honor North Texas’ architectural style. Partners Capital originally acquired Westcliff Shopping Center in late 2023 as the first property in its Opportunity Fund V. The renovation began in December 2024, which featured the preservation, cleaning and refinishing of …

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Cypress Creek Village
Investment salesNewsTexas

Headwall Investments Acquires 28,566-Square-Foot Cypress Creek Village in Metro Austin

by Abby Cox

Cedar Park, Texas — Headwall Investments has acquired Cypress Creek Village, a 28,566-square-foot retail center located in Cedar Park, a northern suburb of Austin. Built in 2001 on nearly 4.5 acres, Cypress Creek Village was 82 percent leased at the time of sale to tenants including Pure Barre, Pizza Hut, Starbucks Coffee, Nathalie’s Donuts, Taco Palenque and Tuscano Italian Kitchen. Dillon Hurley of Argali CRE represented the buyer in the transaction. Shea Petrick, Erin Lazarus Myer and Kelly Anna Geiser of JLL represented the undisclosed seller. This transaction marks the …

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EntertainmentLeasingNewsTexas

JLL Negotiates 20,000-Square-Foot Lease at Mayfair Village in Suburban Dallas

by Abby Cox

Hurst, Texas ­­— JLL has negotiated a 20,000-square-foot lease for Vellix Adventure at Mayfair Village, a 230,778-square-foot shopping center located in Hurst, a suburb of Dallas. Michael Williams of JLL represented Vellix Adventure in lease negotiations, while Ashley Selers of Phillips Edison & Co. represented the landlord. This location will serve as the entertainment company’s flagship storefront and will feature a mix of indoor attractions such as trampolines, ropes courses and virtual reality experiences. Vellix Adventure’s grand opening is November 1. Tom Thumb anchors Mayfair Village, while additional tenants at …

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NorthPark Center
FinanceInvestment salesNewsTexas

JLL Arranges $1.2 Billion Refinancing for NorthPark Center in Dallas

by Abby Cox

Dallas — JLL Capital Markets has arranged $1.2 billion loan for the refinancing of NorthPark Center, a 1.9 million-square-foot super-regional shopping center located in Dallas. Originally developed in 1965, NorthPark Center features more than 190 tenants including Neiman Marcus, Nordstrom, Macy’s, Dillard’s and Eataly, as well as a 15-screen AMC theater. The property is currently 98.6 percent leased. Timothy Joyce, Trey Morsbach and Matt Maksymec of JLL’s Debt Advisory team arranged the financing on behalf of the borrower, NorthPark Management Co. Wells Fargo, Morgan Stanley and Goldman Sachs provided the loan. The new loan will pay …

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CityCentre
Investment salesMixed-useNewsRestaurantsRetailersTexas

MetroNational Acquires 309,144-Square-Foot Retail Component of CityCentre in Houston

by Abby Cox

Houston — Locally based MetroNational has acquired the 309,144-square-foot retail component of CityCentre, a mixed-use development in Houston. The retail portion of the property frames a central green space and features roughly 24 food and beverage concepts such as Bellagreen, Daily Gather, Eddie V’s Prime Seafood, Grimaldi’s Pizzeria, Hopdoddy Burger Bar, North Italia, Sal y Pimienta, Seasons 52, The Capital Grille and Yard House. Retailers include Allen Edmonds, Anthropologie, Kendra Scott, Sephora, Sur la Table, Tecovas, Warby Parker and West Elm. In addition, MetroNational has also partnered with Radom Capital to …

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Bobcat Crossing
Investment salesNewsTexas

CBRE Brokers Sale of 29,309-Square-Foot Bobcat Crossing in Metro Dallas

by Abby Cox

Celina, Texas — CBRE has brokered the sale of Bobcat Crossing, a 29,309-square-foot retail center located in the North Texas city of Celina, roughly 40 miles north of Dallas. The center is located within the Carter Ranch master-planned development and is home to 13 tenants, including Sherwin-Williams and Subway. Michael Austry and Jared Aubrey of CBRE represented the seller, Standridge Cos., in the transaction. The buyer was Houston-based investment firm Stablewood.

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HEB grocery store
Grocery-anchoredInvestment salesNewsTexas

Joint Venture Acquires 439,569-Square-Foot Northwoods Shopping Center in San Antonio

by Abby Cox

San Antonio — A joint venture between MCB Real Estate, Epic Real Estate Partners and Centerbridge Partners L.P.  has acquired Northwoods Shopping Center, a 439,569-square-foot lifestyle center in San Antonio. An HEB grocery store anchors the property and has operated at the site since its development in 1996. Additional tenants at the center, which was 91 percent leased at the time of sale, include Nordstrom Rack, Marshalls, Homesense, Barnes & Noble, Old Navy and Ulta Beauty. Truist Bank financed the acquisition.

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Metropark Square
EntertainmentInvestment salesMixed-useNewsRestaurantsRetailersTexas

STRIVE Brokers Sale of 173,000-Square-Foot Metropark Square in Metro Houston

by Abby Cox

Shenandoah, Texas — STRIVE has brokered the sale of Metropark Square, a 173,000-square-foot mixed-use development located in Shenandoah, roughly 30 miles north of downtown Houston. Dave & Buster’s, AMC Theatre and a Hyatt House hotel anchor the center, which features a mix of dining, entertainment and service-oriented retailers across 70 acres. Tenants include Martinis & Manicures, Top Sushi, Escapology, Black Bear Diner, Salons by JC, Aesthetic Smiles Dentistry and Crawfish Café. Jake Dutson and Jennifer Pierson of STRIVE represented the seller and developer, Frisco, Texas-based Sam Moon Group. STRIVE also procured …

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Sprouts Farmers Market
Investment salesLeasingNewsTexas

JLL Arranges Sale of Retail Property Leased to Sprouts in Suburban Houston

by Abby Cox

Richmond, Texas — JLL Capital Markets has arranged the sale of a newly constructed, 23,256-square-foot retail property leased to Sprouts Farmers Market in Richmond, a southwestern suburb of Houston. Sprouts anchors Waterview Town Center, a 143-acre mixed-use development that will feature more than 1 million square feet of retail space upon completion. JLL represented the seller, GBT Realty, in the transaction. JRW Realty represented the buyer, Southern California-based ExchangeRight. Sprouts Farmers Market — which is on track to open 35 locations in 2025 — also has 130 approved stores in …

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