Houston — ShopOne Centers, along with its joint venture partners Pantheon and a global institutional investor, has acquired Beltway South, a 114,099-square-foot retail property located in Houston. Kroger anchors the center, which features a mix of additional tenants including Petco, Cato Fashions, Subway and State Farm, as well as various local service providers and dining options. This transaction marks ShopOne’s first investment in Texas.
San Angelo, Texas — Hanley Investment Group Real Estate Advisors has arranged the sale of Sunset Plaza, a 92,000-square-foot shopping center located in the West Texas city of San Angelo. Built in 2005 on 8.4 acres,the property is situated adjacent to Sunset Mall. Tenants at Sunset Plaza include Ross Dress for Less, HomeGoods, Petco, Five Below, Bath & Body Works, Buckle and GameStop. Target, which was not part of the sale, has also been a long-term tenant at the property. Garrett Wood, Kevin Fryman and Lee Csenar, in association with ParaSell …
Corpus Christi, Texas — Dallas-based brokerage firm Disney Investment Group (DIG) has negotiated the sale of Huntington Square, a 90,768-square-foot shopping center in Corpus Christi. The center was 96 percent leased at the time of sale to tenants such as Dollar Tree, Ferguson Home, Freedom Fitness and Physicians Premier ER. David Disney and Adam Crockett of DIG represented the seller, LRIC Properties, in the deal and procured the buyer, Harkinson Investment Corp. The sale included 4.7 acres of undeveloped land adjacent to the center.
Georgetown and Cedar Park, Texas — A joint venture between Toronto-based Oxford Properties and Oakbrook Terrace, Illinois-based Pine Tree has acquired two grocery-anchored centers in Texas. Spanning 1 million square feet, the portfolio includes Wolf Ranch Town Center in Georgetown and Lakeline Plaza in Cedar Park. The centers, which are both 99 percent occupied, are home to several national tenants such as Target, T.J. Maxx, Best Buy and Ulta Beauty. Wolf Ranch Town Center totals 633,000 square feet and features more than 80 retailers and restaurants. Lakeline Plaza, comprises 386,000 square …
Cypress, Texas — A joint venture between Charlotte, North Carolina-based Big V Property Group and Principal Asset Management has acquired Fairfield Town Center, a 355,000-square-foot power center located in Cypress, roughly 25 miles northwest of Houston. Tenants at the property, which was 99.5 percent occupied at the time of sale, includes HEB, Kohl’s, Academy Sports + Outdoors, Ross Dress for Less, HomeGoods and Cinemark, as well as various other smaller shops and restaurants. This acquisition marks Big V Property Group’s first institutional joint venture for the company.
Princeton, Texas — Faris Lee Investments has arranged the sale of Princeton Plaza, a newly constructed 11,266-square-foot convenience retail center located in Princeton, roughly 40 miles north of Dallas. The property, which was fully occupied at the time of sale, includes a mix of tenants including Tropical Smoothie Café, Pizza Hut, Hotworx, Modern Nail Bar, Princeton Dental and 380 Smoke & Vape. Nick Miller and Shaun Riley of Faris Lee Investments represented the buyer, a local investor, in the transaction. The purchase is being financed with a 50 percent loan-to-value …
San Antonio — Sterling Organization has sold Park North Shopping Center, a 635,325-square-foot regional retail center in San Antonio. Local media sources report the purchase price was $115 million. Target anchors the property, which was 93.3 percent leased at the time of sale. Other tenants include Pinstack, Alamo Drafthouse Cinema, Norris Conference Centers and Outlaw Pickleball. The property also features approximately 42,381 square feet of immediate lease-up space. Chris Gerard, Barry Brown, Erin Lazarus and Whitney Snell of JLL represented Sterling in the transaction. The buyer was Dhanani Private Equity …
Elmsford and New York City, N.Y. — DLC, in partnership with a fund managed by DRA Advisors, has acquired a multi-state shopping center portfolio in an off-market transaction for $429 million. Totaling 2.1 million square feet, the portfolio comprises eight shopping centers across five states. The seller was not disclosed. The properties include Central Texas Marketplace in Waco, Texas; Portofino Shopping Center in the Houston suburb of Shenandoah; Watauga Pavilion in the Dallas suburb of Watauga; Shops at Park Place in Plano, Texas; Pavilion at King’s Grant in the northeast Charlotte …
Irving, Texas — Gantry has arranged a $10 million permanent loan to refinance Metroplex Plaza, a 105,000-square-foot, grocery-anchored retail center located in Irving. Mark Ritchie and Austin Ridge of Gantry secured the 10-year, fixed-rate loan through one of Gantry’s life insurance lenders, which features a 30-year amortization schedule. Gantry will service the loan. Metroplex Plaza has recently completed a repositioning centered around the opening of a new Joe V’s Smart Shop location, an HEB low-price grocery store concept. Additional tenants at the property include a mix of restaurant and service-based …
Katy, Texas — Katy, Texas-based Academy Sports + Outdoors has opened five new locations in the fourth quarter of 2025. The new locations include Russellville, Arkansas; Seguin, Texas; Fort Wayne, Indiana; El Paso, Texas; and New Braunfels, Texas. With the addition of these stores, Academy will have opened 24 new locations by the end of fiscal 2025. Originally founded in 1938 as a family business, Academy now operates more than 300 stores across 21 states.