Katy, Texas —Four new tenants will join LaCenterra at Cinco Ranch, a retail center located in Katy, roughly 30 miles west of Houston, with openings scheduled through summer of this year. Restaurants The Crack Shack and Nando’s will lease 4,065 square feet and 2,754 square feet, respectively. One Medical, a primary care practice, will occupy 3,843 square feet, and eyewear brand Warby Parker will open a 2,364-square-foot store at the shopping center.
Frisco, Texas —STRIVE has arranged the sale of The Shops at Eldorado, a 13,522-square-foot retail strip center located in Frisco. Built in 2016, the center was fully leased at the time of sale to tenants including Sugar Boy Donuts, Smoke Central and Discovery Kids Dentistry. Hudson Lambert and Jason Vitorino of STRIVE represented the seller, a Dallas-based developer, in the transaction.
San Antonio — Austin-based brokerage firm Hunington Properties has arranged the sale of a 12,100-square-foot retail building in San Antonio. Constructed in 2021, the building was fully leased to Action Behavior Center at the time of sale. Gigi Gomel of Hunington Properties represented the seller, a Houston-based limited liability company, in the transaction. Luis Garza of Transwestern represented the Alaska-based buyer.
Tomball, Texas — SVN | J. Beard Real Estate’s Greater Houston office has arranged the sale of a single-tenant property located in Tomball, roughly 35 miles northwest of Houston. Spas Unlimited acquired the 3,600-square-foot building for an undisclosed price. Diana Gaines of SVN | J. Beard represented the private seller in the transaction. Spas Unlimited was self-represented.
Waco, Texas — Cove Capital Investments has completed the purchase of Parkdale Commons, a 191,559-square-foot retail center located in Waco, on behalf of the firm’s Cove Parkdale Commons Opportunity 62 Delaware Statutory Trust (DST). Hobby Lobby anchors the property, which is leased to tenants including dd’s Discount, True Value Hardware, Drug Emporium, 99 Cents Only, Clicks Billiards and Dickeys BBQ.
Flower Mound, Texas — STRIVE has brokered the sale of Cross Timbers Village, a 19,333-square-foot shopping center located in Flower Mound in the Dallas-Fort Worth area. Tom Thumb anchors the property, which was 100 percent leased at the time of sale. Other tenants at the center include Great Clips, Palio’s Pizza Café, New View Optometry and Happy Pediatric Dental. Hudson Lambert of STRIVE represented the seller, an undisclosed California investor, in the transaction.
Sugar Land, Texas — Moody Rambin has arranged a 3,900-square-foot lease at 13574 University Boulevard in Sugar Land, roughly 20 miles southwest of Houston. Brent Fredricks and Anthony Porraz of Moody Rambin negotiated the lease agreement on behalf of the tenant, MaiLilybelle Co. Brad Ryan and Geoff Bracken of Capital Retail Properties represented the landlord.
Richmond, Texas — NewQuest Properties has arranged the sale of a 15,750-square-foot retail property in Richmond, a southwestern suburb of Houston. The property, which was fully leased at the time of sale, represents Phase II of a larger project known as Commons at Harvest Green. Rick Ragan of NewQuest represented the buyer in the deal. Matt Berry, Drew Reinking and Robbie Kilcrease of CBRE represented the seller. Both parties were undisclosed limited liability companies.
The Woodlands, Texas —Kobalt Investment Co. has acquired Creekside Park Village Green, a 74,670-square-foot shopping center in The Woodlands, about 30 miles north of Houston. Built in 2014, the center was 88 percent leased at the time of sale to tenants such as Fielding’s Local, Crust Pizza, Levure Bakery & Patisserie, Club Pilates and Cyclebar.
Manvel, Texas — Gulf Coast Commercial Group Inc. has inked leases with two tenants, the first to sign on to the firm’s upcoming retail development in Manvel, roughly 24 miles south of Houston. Comprising 20,700 square feet, construction on the project is scheduled to begin this spring. Next Level Urgent Care will open a 3,000-square-foot location at the property, and dental practice Smile Professionals will lease a 2,500-square-foot space. Danny Miller of Gulf Coast represented the landlord in the lease negotiations. Alexander Frias of Phelps Commercial Realty represented Smile Professionals.
