Grapevine, Texas — The Woodmont Co. has brokered the sale of Grapevine Centre, an 85,421-square-foot retail center located in Grapevine. Tenants at the property, which was fully leased at the time of sale, include Petco, Harbor Freight Tools, JOANN Fabric and Crafts, Dollar Tree and Angel’s Attic. Russel Wehsener and Bryan Dyer of The Woodmont Co. represented the seller, an entity doing business as Grapevine Beall Center LLC, in the transaction. Roger Smeltzer of Vision Commercial represented the undisclosed buyer.
Texas
Flower Mound, Texas — STRIVE has brokered the sale of Northwest Plaza, an 11,000-square-foot retail property located in Flower Mound. Situated within the Dallas metro, the center was fully leased at the time of sale. Hudson Lambert of STRIVE represented the seller, an undisclosed local investor, in the transaction.
McKinney, Texas — STRIVE has arranged the sale of 380 North E, an 8,022-square-foot retail property located in McKinney. The multi-tenant building was fully occupied at the time of sale. Hudson Lambert and Jennifer Pierson of STRIVE represented the seller, an undisclosed local developer, and procured the buyer in the transaction.
Little Elm, Texas —Weber & Co. has announced plans for the development of a 225,000-square-foot shopping center in Little Elm, on the northern outskirts of Dallas. Target will anchor the center, which will be dubbed Bates Town Crossing in honor of the family that originally owned the site. Davidson Bogel Real Estate brokered the sale of the land on behalf of the Bates family and has been retained as the center’s leasing agent. A construction timeline was not announced, but Target plans to open by summer 2026.
Commerce, Calif. — Hilco Real Estate has arranged the $168 million sale of the 99 Cents Only Stores LLC real estate portfolio as part of the retailer’s Chapter 11 bankruptcy proceedings. Founded in 1982, California-based 99 Cents began its liquidation in April 2024, citing rising competition, increased labor costs, challenging logistics and the effects of the COVID-19 pandemic. The portfolio included 44 company-owned properties, as well as 333 store leases and three vacant development parcels. According to Hilco, the portfolio generated significant interest, and 181 asset purchase agreements with non-refundable earnest money deposits …
Fulshear, Texas — JLL Capital Markets has brokered the sale of Shops at Cross Creek, a 24,188-square-foot retail center located in Fulshear. Phillips Edison & Co. acquired the property from Rycore Capital LP for an undisclosed price. Tenants at the center, which was fully leased at the time of sale, include Yen Fulshear, Rightway Dental, Marvelous Clinic, Firehouse Subs and Avis Budget Car. Ryan West, John Indelli and Gianna New of JLL represented the seller in the transaction.
Hurst, Texas — DuWest Realty has arranged the sale of a 16,938-square-foot retail building located in Hurst, northeast of Fort Worth. According to LoopNet Inc., the property was constructed in 1999. Giancarlo Carriero and Scott Rodgers of DuWest Realty represented the seller, De La Vega Development | Capital, in the transaction. Jolink Wallace Commercial acquired the property for an undisclosed price, with plans to redevelop the building for occupancy by western footwear and apparel retailer Boot Barn.
San Antonio — 35 South Capital has acquired The Collection, a 52,000-square-foot retail center situated on 3.8 acres in San Antonio. Tenants at the property include SoLuna, Revolución, Braza Brava Pizzeria, The Union Yoga + Strength, K. Charles & Co. and St. John. An entity affiliated with Lindenmuth Realty LP sold the center for an undisclosed price. This marks 35 South Capital’s second acquisition in San Antonio, following the purchase of King William Center in early 2024.
Fairview, Texas — Revolving Kitchen has opened a 30,000-square-foot food hall at 146 Town Place in Fairview, a northern suburb of Dallas. The food hall will feature 34 fully equipped commercial kitchen spaces ranging in size from 260 to 1,100 square feet. Operators that have already committed to Revolving Kitchen Fairview include Brooklyn Bagels, Chanko Nutrition and Emmy J’s Pizza. Lincoln Property Co. owns the building.
Lewisville, Texas — Marcus & Millichap has brokered the sale of Lake Vista Center, a 21,298-square-foot retail center located in Lewisville, roughly 25 miles northwest of Dallas. Built in 2007, the property comprises two buildings, Tenants at the center include Lucky Smiles, Lewisville Salon Suites and Spa, USCR Taekwondo, Tiff’s Treats, 4Thirteen Kitchen and Sports Bar and Lucky Smoke Shop. Chris Gainey and Philip Levy of Marcus & Millichap represented the seller in the transaction.