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DevelopmentLeasingNewsRestaurantsTexas

Katz’s Deli Signs 6,300-Square-Foot Lease in Houston

by Hayden Spiess

Houston — Katz’s Deli, a 24-hour restaurant concept, has signed a 6,300-square-foot lease in Houston. Construction on the new restaurant, which will be situated within the Memorial City mixed-use development, is scheduled to begin in early 2025. Delivery of the development is expected by early 2026. MetroNational owns and manages Memorial City. Larry Plotsky of the Plotsky Group and Meredith Cullen of Cushman & Wakefield represented the tenant in the lease negotiations, and Danna Diamond represented MetroNational on an internal basis. This marks the fifth location in the Houston market for …

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Company newsNewsRestaurantsTexas

Cousins Maine Lobster Signs New Franchise Agreement in Texas

by Hayden Spiess

Lubbock, Texas — Cousins Maine Lobster (CML) has signed a new, multi-unit deal with franchisees Chris Wilson and Gary Andrews of Lubbock. Wilson and Andrews currently own and operate six Slim Chickens restaurants throughout metro Lubbock and have launched their first CML food truck in the area, serving the markets of Amarillo, Midland, Odessa, Wichita and San Angelo. The grand opening was Oct. 26, at West End Shopping Center in Lubbock. “After six years of operating in Teas, we are thrilled to announce our expansion into West Texas,” says Angela Coppler, …

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Mixed-Use-Project_Dallas
DevelopmentMixed-useNewsTexas

Balfour Beatty Breaks Ground on $95 Million Mixed-Use Project in Dallas

by Hayden Spiess

Dallas — Balfour Beatty has broken ground on a $95 million mixed-use project in Dallas. Balfour Beatty is constructing the project on behalf of the owners and developers, Acadia Realty Trust and Ignite-Rebees. Upon completion, which is scheduled for fall 2026, the development will total 161,00 square feet. Architecture firm GFF designed the property, which will feature 12,000 square feet of restaurant space and 75,000 square feet of retail space, as well as 74,000 square feet of office space and 500 parking spaces. 

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Bosque-River-Centre_Stephenville-Texas
Investment salesNewsTexas

Disney Investment Group Arranges Sale of 221,294-Square-Foot Retail Center in Stephenville, Texas

by Hayden Spiess

Stephenville, Texas — Disney Investment Group (DIG) has arranged the sale of Bosque River Centre, a 221,294-square-foot retail center located in Stephenville. The center was 97 percent leased at the time of sale.  Tenants at the property, which was built in 1984, include Boot Barn, SPEC’s, Tractor Supply Co., Ollie’s, Planet Fitness, Cinemark and Dollar Tree. David Disney and Adam Crockett of DIG represented the seller and procured the buyer in the transaction. 

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Village-at-Weatherford_Weatherford-Texas
Investment salesNewsTexas

Woodmont Co. Negotiates Sale of 44,000-Square-Foot Shopping Center in Metro Fort Worth, Texas

by Hayden Spiess

Weatherford, Texas — The Woodmont Co. has negotiated the sale of The Village at Weatherford, a shopping center located in Weatherford, roughly 30 miles west of Fort Worth. The property totals 44,000 square feet. Russel Wehsener of The Woodmont Co. represented the seller, Sinclair Investments, in the transaction. Gibson Duwe and Kyle Poulson of Transwestern represented the undisclosed buyer. 

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DevelopmentGrocery-anchoredNewsTexas

GBT Realty Underway on 50,632-Square-Foot Shopping Center in Dallas-Fort Worth Metro

by Hayden Spiess

Burleson, Texas — GBT Realty Corp. is underway on the development of Burleson Commons, a 50,632-square-foot shopping center in Burleson, approximately 15 miles south of Fort Worth. GBT acquired the six-acre land parcel for the project for $2.3 million from Orscheln Farm and Home in August. A 23,256-square-foot Sprouts Farmers Market will anchor the center, which will also feature a 9,000-square-foot Five Below and an additional 8,000 square feet of small shop space. Completion of the development is scheduled for June 2025, with Sprouts scheduled to open that July. BRR Architecture …

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Valley Square
Investment salesNewsTexas

Disney Investment Group Brokers Sale of 57,812-Square-Foot Retail Center in Dallas-Fort Worth Metro

by Hayden Spiess

Lewisville, Texas — Disney Investment Group (DIG) has brokered the sale of Valley Square, a 57,812-square-foot retail center located in Lewisville in the Dallas-Fort Worth metro. LRIC Properties sold the center to an undisclosed buyer. The property was fully leased to 21 tenants at the time of sale. David Disney and Adam Crockett of DIG represented the seller in the transaction, and Will Walters of DuWest Realty represented the buyer. 

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Grocery-anchoredInvestment salesNewsTexas

JLL Brokers Sale of 114,982-Square-Foot Shopping Center in Houston

by Hayden Spiess

Houston — JLL has brokered the sale of Little York Plaza, a 114,982-square-foot shopping center located in Houston. Hispanic grocer Sellers Bros. anchors the property, which was built in 1987. Other tenants at the center include Dollar Tree, Melrose Family Fashions and Aaron’s Appliances. Ryan West and John Indelli of JLL represented the undisclosed seller in the transaction. The buyer was The Criterion Fund. 

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Company newsNewsTexas

7-Eleven to Close More Than 400 North American Convenience Stores, According to Reports

by Hayden Spiess

Irving, Texas — Global convenience store operator 7-Eleven will close more than 400 of its North American stores, according to reports from multiple news outlets including NPR and CBS News. Both news outlets noted that the announcement to shutter some 440 stores throughout the United States and Canada was delivered on Thursday, Oct. 10, during a conference call held by Seven & I Holdings, the Japan-based parent company of 7-Eleven. The company’s U.S. operations are headquartered in Irving, Texas. CBS states that the locations to be shuttered represent roughly 3 percent of 7-Eleven’s total North American …

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H-E-B
DevelopmentNewsTexas

H-E-B Breaks Ground on 101,000-Square-Foot Store Near Austin, Texas

by Hayden Spiess

Manor, Texas — H-E-B has broken ground on a new store in Manor, roughly 15 miles outside Austin. Upon completion, the store will total approximately 101,000 square feet and feature pharmacy pick-up spaces, a large curbside service area, seven-pump fuel station and a car wash. The opening is scheduled for late 2025. 

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