The Woodlands, Texas and Houston, Texas — David Littwitz of Littwitz Investments Inc. has brokered the sale of two retail properties, located in The Woodlands and Houston. Located at 922 Lake Front Circle in The Woodlands, the first property was sold by RFL LLC to HMC Woodlands LLC for an undisclosed price. David Littwitz represented the buyer, and Pierce Owens and Donna Kolius of JLL represented the seller. The 3.03-acre property houses a 10,808-square-foot building, which formerly operated as a Luby’s restaurant. A full-service Niko Niko restaurant is scheduled to …
Odessa, Texas — Disney Investment Group (DIG) has sold Chimney Rock, a 294,431-square-foot retail center located in Odessa. David Disney and Adam Crockett of DIG represented the seller of the institutionally owned property. The shopping center was 93 percent leased at the time of sale and is anchored by Academy Sports, Best Buy, Marshalls, Ulta Beauty, Petco, JOANN Fabric and Crafts and Northern Tool. Other tenants include Mattress Firm, Kirkland’s, Versona, Carters and Longhorn Steakhouse. Fidelis was the buyer.
Edinburg, Texas — Marcus & Millichap has brokered the sale of Concord Plaza, a 44,850-square-foot retail center located in the Rio Grande Valley city of Edinburg. The property was built in 2018 and was 99 percent leased at the time of sale. Coleman Solomon, Joseph Blanga and Wes Peacock of Marcus & Millichap represented the seller, an unnamed developer, and procured the buyer, a private investor, in the transaction.
Grand Prairie, Texas — Bass Pro Shops and Andretti Indoor Karting and Games have announced plans to open new locations in Grand Prairie, approximately 13 miles west of Dallas. Andretti’s 96,000-square-foot facility is set to open by the end of 2023 and will feature an indoor climate-controlled kart track, an arcade, virtual reality games, laser tag and duckpin bowling. Bass Pro Shops will open a 100,000-square-foot store offering outdoor equipment and clothing, with an aquarium of native fish species, local antiques and artifacts, and trophy fish and wildlife mounts. The …
Fort Worth, Texas — Centergy Retail has sold Left Bank, a 114,120-square-foot shopping center located in Fort Worth, roughly 35 miles east of Dallas. Tom Thumb anchors the center, which was 98 percent leased at the time of sale. Other tenants include Hopdaddy Burger Bar, Crumbl Cookies, Nékter Juice Bar and Buffalo Wild Wings. Jim Batjer, Chris Cozby, Mark Witcher, Blaine Dozier and Harrison Tye of CBRE represented Centergy in the transaction.
Dallas — STRIVE has arranged the sale of a 50,267-square-foot retail property in Dallas. The spaces are primarily leased to Burlington and Planet Fitness. Jennifer Pierson and Hudson Lambert of STRIVE represented the seller, a locally based partnership, and procured the buyer, an institutional out-of-state investor, in the transaction.
Allen, Texas — High 5 Entertainment, an Austin-based concept, will open an 70,000-square-foot venue at The Farm in Allen, a 135-acre mixed-use development located on the northeastern outskirts of Dallas. In addition to craft food and beverages, the entertainment center will feature bowling, laser tag, axe throwing, escape rooms, minigolf and private event spaces. The main facility will span 45,000 square feet, with the outdoor minigolf course accounting for the remaining 25,000 square feet. The opening is slated for fall 2023. JaRyCo is the master developer of The Farm in Allen.
Fort Worth, Texas — Trademark Property Co. has welcomed seven new tenants to WestBend, the locally based developer’s mixed-use destination in Fort Worth. Four food and beverage concepts — fast casual eatery Sweetgreen, confectionary Van Leeuwen, burger chain Shake Shack and global culinary experience Quince — are scheduled to open before the end of the year. The Shade Store, a concept that specializes in window shades and blinds, will also debut in the fourth quarter. In addition, ear piercing salon Rowan and Karl’s Fishing & Outdoors are now open. The seven new …
McKinney, Texas — Northern Tool + Equipment and AutoZone have signed retail leases totaling 39,357 square feet in McKinney, about 35 miles northeast of Dallas. The tenants will backfill a space previously occupied by Super 1 Foods with footprints of 22,500 and 16,857 square feet, respectively. William Rosatti represented the landlord, JAH Realty, in the lease negotiations on an internal basis. Clay Mote of Retail Union and Mack House of Westover Group represented Northern Tool and AutoZone, respectively.
Addison, Texas — Northwood Retail has added five new tenants to Prestonwood Place, a 107,000-square-foot center located in the northern Dallas suburb of Addison. One Medical, a membership-based primary care practice, is now open, and Loro Asian Smokehouse & Bar will open later this year. Two other food-and-beverage concepts, Thai restaurant Asian Mint and fast-casual eatery Sweetgreen, are also scheduled to launch before year’s end. Buff City Soap will open its store in 2023.