Highland Village, Texas — Four new tenants have signed leases at The Shops at Highland Village, a 375,000-square-foot shopping center located in the Dallas-Fort Worth suburb of Highland Village. The tenants — which will include The Aspen Gift House, Woof Gang Bakery & Grooming, Drybar and iCRYO — are scheduled to open in spring 2025. The Aspen Gift House and iCRYO will occupy 2,784 square feet and 2,587 square feet, respectfully. Woof Gang Bakery & Grooming will comprise 1,965 square feet, while Drybar salon will total 1,429 square feet. The …
Midlothian, Texas — STRIVE has arranged the sale of the Shops on 663, a 14,812-square-foot retail center located in Midlothian, roughly 25 miles southwest of Dallas. The property was fully leased at the time of sale. Jack Hicks and Hudson Lambert of STRIVE represented the Austin-based developer and investor and sourced the California-based buyer, in the transaction. Additional terms of the sale were not disclosed.
Midlothian, Texas — Dallas-based Younger Partners Investments (YPI) has arranged the sale of three restaurant parcels at Midlothian Towne Crossing, a Class A power center located about 25 miles south of Dallas. The restaurant parcels include Chili’s Grill & Bar, Chick-fil-A and McDonald’s. Built in 2019, the Chili’s restaurant is situated on 1.7 acres on a 10-year lease. McDonald’s, which also operates on a long-term lease, sits on 1.1 acres and includes a double drive-thru, parking, as well as accessible highway access. Chick-fil-A features two drive-thru lanes with indoor seating …
Houston — Ohio-based Donatos Pizza has announced plans to open three locations in Houston. The first of the three new venues is scheduled to open in 2025, with goals for the brand to open 100 locations in Texas. The company also has new units in its pipeline in the Dallas/Fort Worth market. Founded in 1963, Donatos and its franchise partners currently operate more than 175 traditional restaurant venues in Ohio, Indiana, Kentucky, West Virginia, Virginia, South Carolina, Alabama, Tennessee, Georgia, Pennsylvania, Florida and Oklahoma. Donato’s first units in Texas — …
Austin, Texas — Stratus Properties Inc. has obtained a $29.8 million loan to refinance Lantana Place, a newly-developed retail property located within Stratus’ mixed-use development project in the Barton Creek area of Austin. The new loan matures in February 2029. Lantana Place — which totals 99,379 square feet — is anchored by Moviehouse & Eatery and AC Hotel by Marriott. Additionally, the property features a mix of retail and restaurant tenants including Black Rock Coffee Bar, Cobalt Blue Salon and Orangetheory Fitness, among others.
Mansfield, Texas — STRIVE has arranged the sale of Village at Broad II, a 17,112-square-foot retail center located in Mansfield, roughly 22 miles southwest of Dallas. The property was fully leased at the time of sale. Hudson Lambert of STRIVE represented the seller, a local developer partnership, and sourced the buyer, a Nebraska-based investor, in the transaction. Additional terms of the sale were not disclosed.
Granbury, Texas — STRIVE has arranged the sale of a 9,026-square-foot Dollar General in Granbury. Adam Gottschalk of STRIVE represented the seller, a wealth advisory trust, in the transaction. The buyer was a local Texas investor. Additional terms of the sale were not disclosed.
Katy, Texas — Locally-based developer NewQuest has broken ground on Texas Heritage Marketplace, a $400 million mixed-use project in the western Houston suburb of Katy. The site spans 165 acres and fronts the newly completed Texas Heritage Parkway. Current plans call for 750,000 square feet of retail, restaurant and entertainment space; two apartment communities with approximately 550 total units; and 300,000 square feet of medical office and self-storage space. Additionally, Target will anchor the retail portion of the property with a 149,000-square-foot store. A tentative completion date for the initial …
Mansfield, Texas —STRIVE has brokered the sale of Owen Plaza, a 11,944-square-foot retail property located in Mansfield, roughly 22 miles southwest of Dallas. The property was fully leased at the time of sale. Parker Tims and Jennifer Pierson of STRIVE represented the seller, an undisclosed local investor, in the transaction. The buyer was not disclosed.
Addison, Texas — Westwood Financial has sold Quorum Plaza, a 77,319-square-foot retail center located in Addison, roughly 14 miles north of downtown Dallas. Tenants at the property include Verizon Wireless, The Melting Pot, 7-Eleven and The Improv. JLL Capital Markets brokered the transaction.