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DevelopmentMixed-useNewsTexas

Signorelli Co. Announces Phase I of 4,700-Acre Master-Planned Development Near Houston

by Katie Sloan

Rosenberg, Texas — The Signorelli Co. has announced plans for Phase I of Austin Point, a 4,700-acre master-planned community located roughly 30 miles southwest of Houston in Rosenberg.  Upon completion, the development will feature 14,000 homes and 15 million square feet of multifamily, office, medical, retail and hospitality space. The project will also include the extension of Fort Bend Parkway and Grand Parkway at the development site for more convenient access to downtown Houston. Phase I of Austin Point is set to break ground in 2024 and will include the …

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Investment salesNewsTexas

STRIVE Arranges Sale of 10,339-Square-Foot Retail Center in Frisco, Texas

by Hayden Spiess

Frisco, Texas — STRIVE has arranged the sale of 3 Corners Plaza — Building 2, a 10,339-square-foot retail center located in Frisco. The property was fully leased at the time of sale. Adam Gottschalk and Hudson Lambert of STRIVE represented the seller in the transaction. An undisclosed California-based investor purchased the property. 

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EntertainmentLeasingNewsTexas

Larks Entertainment Signs 25,000-Square-Foot Lease in Fairview, Texas

by Hayden Spiess

Fairview, Texas — Larks Entertainment has signed a 25,000-square-foot lease at Fairview Town Center in Fairview, with plans to open an entertainment center, cocktail bar and restaurant at the property. The venue is scheduled to open in December. Joseph Williams of The Woodmont Co. represented the tenant in the leasing negotiations, and Walt Davis of Lincoln Property Co. represented the landlord. 

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DevelopmentEntertainmentLeasingMixed-useNewsTexas

Pickle and Social, Fairway Social to Open in 32,000-Square-Foot Entertainment Venue in Texas

by Hayden Spiess

Frisco, Texas —Pickle and Social and Fairway Social will open within a dual-concept entertainment venue at Frisco Station, a mixed-use development currently underway in Frisco. Pickle and Social, a Competitive Social Ventures (CSV) brand, will offer both indoor and outdoor pickleball courts, as well as live entertainment, food and beverages and other games. Fairway Social will feature golf simulators that include 130 courses, as well as 10 other sports. Construction is scheduled to begin next spring, with the opening scheduled for spring 2025. Tim Henson of Venture Commercial Real Estate and …

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The Picklr to Open 80 New Venues in 11 States

by Hayden Spiess

Kaysville, Utah — Utah-based indoor pickleball brand The Picklr will open 80 new venues across eleven states, including Arizona, Colorado, Florida, Georgia, Illinois, Minnesota, Nevada, Tennessee, Texas, Utah and Wyoming. The facilities will be opened in partnership with 13 new franchisees. “With seven corporate owned facilities, our first-mover advantage has undeniably led to a high level of interest from well capitalized candidates across the entire country,” says Scott Schubiger, chief growth officer of The Picklr. 

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Investment salesNewsTexas

JLL Brokers Sale of 107,884-Square-Foot Shopping Center in San Antonio

by Hayden Spiess

San Antonio — JLL has brokered the sale of Terrell Plaza, a 107,884-square-foot shopping center located in San Antonio’s Alamo Heights neighborhood. Built in 1986 and renovated in 2012, the center was 96 percent leased at the time of sale to tenants such as Ross Dress for Less, Dollar Tree, Five Below, Popshelf, Sherwin Williams and Sports Clips. Ryan West, Chris Gerard, John Indelli, Whitney Snell, Ryan Olive and Clay Anderson of JLL represented the seller, SITE Centers Corp. in the transaction. Property Commerce Dividend Fund acquired the property for an …

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Investment salesNewsTexas

STRIVE Arranges Sale of 13,910-Square-Foot Retail Strip Center in Arlington, Texas

by Hayden Spiess

Arlington, Texas —STRIVE has arranged the sale of College Crossing, a 13,910-square-foot retail strip center located in Arlington. Hudson Lambert of STRIVE represented the seller and procured the buyer in the transaction. The center was fully leased at the time of sale to tenants including Caress Dental, Soleil Cutz, Crown’s BBQ and Foxi Nails.

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Investment salesNewsTexas

Phillips Edison Acquires 40,589-Square-Foot Retail Center in Metro Dallas

by Hayden Spiess

Rowlett, Texas — Phillips Edison has acquired Lake Pointe Market, a 40,589-square-foot retail center located in the Dallas suburb of Rowlett. Tenants at the property, which was 97 percent leased at the time of sale, include PetCo, DCP Equity Partners, Burger Island, OneMain Financial, Bank of America, Verizon and SuperCuts. Adam Howells, Chris Gerard and Megan Babovec of JLL represented the seller, Main Street Investment Co., in the transaction. 

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Investment salesNewsTexas

JLL Arranges Sale of 211,971-Square-Foot Retail Center in Metro Dallas

by Hayden Spiess

Rockwall, Texas — JLL Capital Markets has arranged the sale of Rockwall Market, a 211,971-square-foot retail center located in the Dallas suburb of Rockwall. Built in 1999, the property was fully leased at the time of sale. Tenants at the center include Ross Dress for Less, Burkes Outlet, Michaels, Old Navy and Petco. Adam Howells, Ryan Shore and Megan Babovec of JLL represented the undisclosed seller in the transaction. Dunhill Partners acquired the property. 

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