Galveston, Texas — JLL has negotiated the sale of The Plaza at Galveston Island, a 151,905-square-foot shopping center located in Galveston. Built in 1970, the property was 84.5 percent leased at the time of sale to tenants including Dollar Tree, Ross Dress for Less, Five Below, Beall’s Outlet, UPS, AT&T and Whataburger. Ryan West and John Indelli of JLL represented the seller, Harold A. Clark & Co., in the transaction.
Dallas — Five new stores and restaurants are set to open at Galleria Dallas, a shopping center located in Dallas. Outdoor gear brand Cotopaxi has opened a location at the property, and H&M Home will occupy 7,500 square feet — in addition to the existing H&M store. Women’s clothing retailer Intimissimi has also opened a boutique at the shopping center, and restaurants North Italia and Salut Paris Bakery will open this fall and summer, respectively. Additionally, larger stores are currently under development for tenants Louis Vuitton and Bachendorf’s, and Luciano Pizza …
Plano, Texas — JLL has negotiated the sale of Independence Square, a 140,218-square-foot shopping center in Plano. Tom Thumb anchors the center, which was built in 1977 and renovated in 2005. Other tenants at the property, which was 94 percent leased at the time of sale, include Oscar Nail Lounge, Cookies by Design, Great Clips, Little Greek Restaurant, Frost Bank, Jersey Mike’s and Workout Anytime. Chris Gerard, Barry Brown, Erin Lazarus and Ben Esterer of JLL represented the undisclosed seller in the transaction. Head Capital Partners was the buyer.
Dallas — CTO Realty Growth Inc. has acquired Plaza at Rockwell, a 446,500-square-foot retail center located in Dallas, for $61.2 million. Situated on 42 acres, the property was 95 percent leased at the time of sale. Best Buy, Ulta Beauty, Dick’s Sporting Goods, JCPenney, Belk, Five Below and HomeGoods anchor the center.
Sugar Land, Texas — Vista Cos. has broken ground on Vista Sugar Land III, an 8,400-square-foot retail project that will be located on the city’s southwestern outskirts. The center is 83 percent pre-leased. United Constructors is the general contractor for the project, which is scheduled for completion in the fourth quarter of this year. Stellar Bank provided construction financing.
Fort Worth, Texas — Si Tapas will open a 4,275-square-foot location at Crockett Row, a 282,334-square-foot development in Fort Worth. Scheduled to open in fall of this year, the restaurant will offer classical and contemporary Spanish cuisine. Younger Partners is the landlord at the property.
Conroe, Cypress and Katy, Texas — Baker Katz has arranged three Pet Supplies Plus leases totaling 19,050 square feet in metro Houston. The pet care brand will occupy 6,000 square feet in in Conroe, Texas, beginning in the fourth quarter of this year. Additionally, Pet Supplies Plus will open a 5,550-square-foot space in Cypress and a 7,500-square-foot space in North Katy in the second quarter of next year. Brett Levinson of Main Street Commercial Partners represented the landlords in the Conroe and Katy leasing negotiations. Brad Kilbride of Retail Leasing represented …
Houston — Locally based brokerage firm Cypressbrook Co. has arranged the sale of Richmond Design Center, a 25,441-square-foot shopping center in Houston. According to LoopNet Inc., the property was built on 1.6 acres in 1958 and renovated in 2003. John Hornbuckle of Cypressbrook Co. and Rick Hazard of Realty Services Group represented the seller, America Equifinance Corp., in the transaction. Joe Foty of The Blue Ox Group represented the buyer, HRD Interests.
Austin, Texas — Foxtrot has announced that it will open a 6,000-square-foot store and café in Austin, marking the largest location for the brand and the second in the city. Scheduled to open June 5 at a property formerly occupied by an auto repair shop and grocer, the space will include a covered indoor-outdoor patio. Foxtrot currently operates 27 locations in Chicago; Washington, D.C.; Dallas and Austin, with plans for a third opening in Austin.
Houston — Three new tenants have signed leases at Rice Village District, a shopping center located in Houston. Boutique Luminary Lifestyle, jewelry brand gorjana and apparel retailer Mizzen+Main are scheduled to open spaces at the property in early 2024. Bluestone Lane, [solidcore], The Rice Box and Navy Blue also recently opened at the center.