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Plum-Creek-Village-Kyle-Texas
FinanceInvestment salesNewsNorth CarolinaTexas

Northmarq Arranges $9.3 Million Acquisition Financing for Properties in Texas, North Carolina

by Hayden Spiess

Kyle, Texas and Zebulon, N.C. — Northmarq has secured financing for the acquisition of Plum Creek Village and Zebulon Crossing, two retail centers located in Texas and North Carolina. Ory Schwartz of Northmarq arranged the two loans, totaling $9.3 million, through a life insurance company on behalf of an undisclosed individual investor. Financing included $5.25 million for the purchase of Plum Creek Village, a 19,899-square-foot shopping center located in Kyle, Texas. The property is home to tenants including Shipley’s Tropical Smoothie Café and Action Behavior Center. Tenants at the 30,475-square-foot …

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Lincoln-Square-Arlington-Texas
DevelopmentInvestment salesMixed-useNewsTexas

Trademark Acquires 470,000-Square-Foot Shopping Center in Arlington

by Hayden Spiess

Arlington, Texas — Trademark Property Co. has purchased Lincoln Square, a 470,000-square-foot retail center located at 1500 N. Collins St. in Arlington. Trademark will redevelop the property into a mixed-use development through a 30-year public-private partnership (P3) with the City of Arlington. Terms of the P3 require the developer to invest a minimum of $150 million over the next six years. The City Council has approved a co-investment of $14.2 million, and local residents will have input on the project. Current tenants at the property include Studio Movie Grill, Ulta …

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Chicken-N-Pickle-Overland-Park-Kansas
NewsRestaurantsTexas

Chicken N Pickle to Open Restaurant, Entertainment Venue in Suburban Dallas

by Hayden Spiess

Allen, Texas — Chicken N Pickle, a Kansas City-based concept that combines dining with pickleball and other outdoor games, will open a restaurant and entertainment venue in the northeastern Dallas suburb of Allen. The tenant will open at The Farm, a 135-acre mixed-use development by JaRyCo, in late 2023. Chicken N Pickle also has locations in the Dallas-Fort Worth metros of Grand Prairie and Grapevine, as well as San Antonio, and has committed to a new space in Webster, a southwestern suburb of Houston.

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Target-Portland-Town-Center-Portland-Texas
DevelopmentMixed-useNewsTexas

McLeod Cobb to Break Ground on $100 Million Mixed-Use Project Near Corpus Christi

by Hayden Spiess

Portland, Texas — McLeod Cobb Investments is set to break ground on Portland Town Center, a $100 million mixed-use development located in Portland, roughly 10 miles outside Corpus Christi. The project will include 200,000 square feet of retail space and 300 multifamily units. A 128,500-square-foot Target will anchor the retail portion of Portland Town Center, which will also include 17 pad sites. The 45-acre development site is located at the intersection of US Hwy. 181 and Broadway Boulevard, roughly three miles from the Port of Corpus Christi. The project is …

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Uptown-Park-Houston
LeasingMixed-useNewsRestaurantsTexas

EDENS Adds Five New Retail Concepts to Uptown Park in Houston

by Hayden Spiess

Houston — EDENS has announced the addition of five new tenants to Uptown Park, a retail center located in Houston. Restaurant Lombardi Cucina Italiana will open a 9,350-square-foot location; Polestar, a Swedish electric car brand, will occupy 3,420 square feet; and GLOSSLAB, a membership-based nail salon, will occupy 972 square feet. Rocambolesc, an ice cream shop, opened at the retail center earlier this year. Fertility and reproductive health clinic kindbody also recently opened its 5,360-square-foot location at Uptown Park.

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Dal-Rich-Towne-Square-Dallas
DevelopmentNewsTexas

Weitzman Completes Renovation of 162,925-Square-Foot Retail Center in Suburban Dallas

by Hayden Spiess

Richardson, Texas — Weitzman has completed the renovation of Dal-Rich Towne Square, a 162,925-square-foot retail center located in the northeastern Dallas suburb of Richardson. A 50,000-square-foot Cottonwood Market anchors the center. Other tenants include Jason’s Deli, Little Caesars and McDonald’s. Weitzman upgraded various aesthetic components and amenity spaces at Dal Rich Towne Square, which was originally built in 1965, and implemented a new digital marketing program for the center and individual tenants.

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34th-Street-Retail-Lubbock-Texas
FinanceNewsTexas

Northmarq Arranges Bridge Financing for Two Retail Properties in Lubbock, Texas

by Hayden Spiess

Lubbock, Texas — Northmarq has secured fixed-rate bridge financing for two retail properties located in Lubbock. Poka Lambro Plaza, a 41,404-square-foot retail center located on University Avenue, comprises two buildings. The second property, a 42,152-square-foot shopping center named 34th Street Retail, is located on 34th Street. David Mott of Northmarq arranged the financing on behalf of the sponsor, NetCo Investments Inc.

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Puttshack
ArizonaColoradoCompany newsFloridaGeorgiaIllinoisMassachusettsMissouriNewsPennsylvaniaTennesseeTexas

Puttshack Raises $150 Million in Growth Capital, Unveils Expansion Plans

by Hayden Spiess

Chicago — Chicago-based Puttshack, an indoor mini golf venue, has completed a growth capital round of $150 million from funds managed by BlackRock and continued support from Promethean Investments. The new funding will support Puttshack’s rapid growth strategy across the United States. New venues in Boston and Miami are scheduled to open this fall, followed by one in St. Louis this winter. Additional locations in Dallas, Denver, Houston, Nashville, Philadelphia, Pittsburgh and Scottsdale, plus a second location in Atlanta, are all slated to open in 2023. Additional U.S. locations will …

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