Dallas — Eataly, a concept that offers Italian-inspired food and drink in a marketplace setting, has signed a lease to open a 48,000-square-foot space at NorthPark Center, an enclosed shopping mall in Dallas. This location will be the company’s first in Texas. Scott Muller, Katie Rambie, Kiley Pipkin, Zach Ballenger, Justin Rasansky, Sydney Muller and Jack Gosnell of CBRE represented Eataly in the lease negotiations.
Austin, Texas — Marcus & Millichap has arranged the sale of a 4,885-square-foot commercial property net-leased to QuikTrip in Austin. Anthony Pucciarello and Vincent Knipp of Marcus & Millichap had the exclusive listing to market the property on a sale-leaseback basis. Derrick Dougherty, also with Marcus & Millichap, represented the buyer, which acquired the property via a 1031 exchange.
Houston — MetroNational has chosen Ft. Worth, Texas-based Trademark Property Co. to create a master plan for Memorial City Mall in west Houston. Memorial City Mall is a 1.7 million-square-foot shopping mall that is situated within the 265-acre Memorial City campus. Trademark is tasked with creating a plan that will transform the mall into an integrated center of the campus. Renovations will include redeveloping the south side of the mall, where Sears recently vacated; adding more restaurant, retail and dining space; and adding public gathering spaces and increased walkability. Houston-based …
Houston — SeaSide Poké has become the latest addition to the tenant roster at Understory, a 35,000-square-foot food hall and communal gathering spot within developer Skanska’s Capitol Tower office building in downtown Houston. SeaSide Poké, which will occupy approximately 500 square feet within the 9,000-square-foot culinary market, joins East Hampton Sandwich Co., Boomtown Coffee, Mama Ninfa’s Tacos y Tortas, MONA Fresh Italian Food and Flip ‘n Patties as the first six tenants at Understory. Nick Hernandez, Crystal Allen and Lacee Wilke of Transwestern represented Skanska and SeaSide Poké in the …
Houston — Local developer Midway has signed retail leases with three new tenants at CITYCENTRE, a 47-acre mixed-use development in Houston. New retailers include handbag and accessories retailer Brahmin, which will open a 1,000-square-foot store; City Bank, which will occupy 4,000 square feet; and Tiff’s Treats, which has signed a 1,430-square-foot lease. Lilly Golden and Blair Golden of Evergreen Commercial represented Midway in the lease negotiations. Brad Downs of The Auber Group represented Brahmin, and Jonathan Probst with The Retail Connection represented Tiff’s Treats, both of which are set to open …
Lubbock, Texas — JLL has arranged a $10.5 million loan for the refinancing of Rockridge Plaza, an 86,500-square-foot retail center located in the West Texas city of Lubbock. The property was 95 percent leased at the time of sale to a mix of national retailers and local businesses. Jimmy Board and Wes Wallace of JLL arranged the fixed-rate, nonrecourse loan through Deutsche Bank on behalf of the borrower, Graco Real Estate Development.
Dallas — Seritage Growth Properties has broken ground on Park Heritage, a mixed-use project located at the intersection of the LBJ Freeway and Preston Road in north Dallas that could ultimately span as much as 2 million square feet. Seritage is the master developer, and KDC currently plans to develop about 1.1 million square feet of Class A office space. Toll Brothers Apartment Living will construct the first phase of the project’s multifamily component, which calls for roughly 300 units. At full build-out, Park Heritage could span as much as …
Dallas — Essentials PetCare will open nine walk-in clinics in Dallas-Fort Worth area Walmart stores in the coming weeks. Essentials PetCare opened its first Walmart location in 2016 in Port Richey, Florida. In Texas, the clinics will be located in Anna, Cross Roads, Fort Worth, Frisco, Gainesville, Kaufman, Prosper, Royse City and Weatherford. The clinic in Kaufman will open May 22 with the other clinics following in June. The company’s clinics provide routine vaccinations and treatment for a variety of minor illnesses such as ear infections, common skin conditions and urinary issues. More …
Houston — Global Fund Investments LLC has sold Beechcrest Shopping Center, an 89,679-square-foot, grocery-anchored shopping center in southwest Houston. The property was fully leased at the time of sale to tenants such as DD’s Discounts, Dollar General, Pizza Hut and Lone Star Title. Ryan West, John Indelli, Charles Strauss and Ethan Goldberg of HFF represented the seller in the transaction. Wu Investments acquired the center for an undisclosed price.
Burleson, Texas — Venture Commercial has negotiated the sale of McAlister Square, a 169,378-square-foot shopping center located in Burleson, Texas, a southern suburb of Fort Worth. Anchored by Academy Sports + Outdoors, the property’s tenant roster includes national retailers like FedEx Office, Verizon Wireless and Firehouse Subs. Jonathan Cooper, John Zikos and Don Miller of Venture Commercial represented the seller in the transaction. Kevin McIntosh of KMAC Group Inc. represented the buyer. Both parties requested anonymity.