Dallas — Russell Glen Co. will develop a 50,000-square-foot Tom Thumb at The Shops at RedBird, the mixed-use redevelopment of Southwest Center Mall in Dallas. Construction is scheduled to begin later this year, with the opening planned for summer 2024. Terrence Maiden of Russell Glen and co-developer and investor Peter Brodsky are leading the redevelopment of the property, which has included $250 million of investment to date. An additional 30,000 square feet of adjacent retail and restaurant space is under construction at the development.
Dallas — Dallas-based brand EoS Fitness has acquired gym chain Texans Fit, taking over and rebranding five locations in metro Houston. This acquisition marks 75 open gyms for EoS, which opened its first Texas location in Euless in January. Services as the former Texans Fit gyms will continue uninterrupted, and all employees have been offered the option to continue their employment. Another location is scheduled to open in Spring, Texas, later this month.
Houston and Sugar Land, Texas — Whitestone REIT has signed four new tenants to four of its Texas properties. Together, the leases total 26,818 square feet. Dough Zone Dumpling House will open a 3,863 square foot restaurant at BLVD Place property, located in Houston, bringing the property to 99 percent occupancy. Lion Square and Town Park Plaza, also in Houston, will see the addition of KPOT and China King Express, respectively. Beginning in March, KPOT will open a 9,865-square-foot restaurant, and China King Express has signed a 1,727-square-foot lease, marking …
Aledo, Euless and Kaufman, Texas — SHOP Cos. has arranged the sale of three retail centers totaling 29,899 square feet in Texas. The first property, Aledo Retail Center, is located in Aledo, roughly 20 miles outside Fort Worth, and comprises 12,428 square feet. SHOP represented the seller, a Texas-based limited liability company. A private local investor acquired the center, which was fully leased at the time of sale. SHOP also represented the sellers of a three-tenant retail property and The Shops at Kings Fort, located in Euless and Kaufman, respectively. …
Lewisville, Texas — Bright Realty has announced the addition of three new tenants to The Realm at Castle Hills, a 324-acre mixed-use development located in Lewisville, roughly 30 miles northwest of Dallas. Cheeky Monkeys is leasing 7,287-square-feet, including more than 6,000 square feet of play space, a coffee shop and a limited-service restaurant. Additionally, 206 Luster Grill has opened a 2,257-square-foot restaurant and Cachet Salons & Spa now occupies 10,692 square feet. Upon completion, The Realm will total 1.5 million square feet of retail space in addition to 5,000 multifamily …
Houston —NewQuest Properties is underway on the 90,000-square-foot redevelopment of a retail center located in Houston. Formerly known as Pavilion Center, the property is being reimagined as West on West (WoW) and will be anchored by a 33,029-square-foot 99 Ranch Market, which is expected to open later this year. Other tenants will include Gen Korean BBQ House and Teso Life, which will occupy 6,212 square feet and 13,340 square feet, respectively. Exterior renovations are scheduled for completion this month. Plans include neon lighting elements, string lighting, an upcycled art installation …
Tomball, Texas — Colliers has negotiated the sale of a 10-acre commercial development site located at 15530 Treichel Road in the northern Houston suburb of Tomball. Tom Condon Jr. and John Grimsley of Colliers represented the seller, an undisclosed private investor, in the transaction. Chris Weisinger and Ryan Knape of One Rock represented the buyers, Max & Beverly Welch, who plan to expand their existing garden center and nursery at the site.
Conroe, Texas — Four new tenants have signed leases totaling 14,880 square feet at The Grove at Harper’s Preserve, a 21,500-square-foot retail center in Conroe, approximately 40 miles north of Houston. Mayweather Boxing + Fitness, Thrive Massage, Pet Supplies Plus and Heartland Dental will be the newest tenants to join the property, the leasing of which is led by Main Street Commercial Partners. Gulf Coast Commercial Group is the developer and oversees management of the center. Other tenants at the development include Dutch Bros. Coffee, AT&T, Freebirds World Burrito, Jersey …
Magnolia, Texas — SVN | J. Beard Real Estate has arranged the sale of Renaissance Center, a 92,724-square-foot shopping center located in Magnolia, roughly 44 miles northwest of Houston. Tenants at the 95 percent-occupied property include Brookshire Brothers, Woodforest National Bank, Petsense and Anytime Fitness. An undisclosed buyer purchased the center from a private seller. Matt Knagg and Brittany Jameson of SVN | J. Beard Real Estate — Greater Houston represented the seller and buyer, respectively.
Conroe, Texas — SVN | J. Beard Real Estate — Greater Houston has arranged the sale of a portfolio of nine retail buildings and one office building in Conroe, about 40 miles north of Houston. Jeff Beard and Bonnie Pfrenger of SVN | J. Beard represented the seller, a locally based limited partnership, in the transaction. Kristi Delafuente of JNK Property Group represented the buyer, a private investor.