Conroe, Texas — Four new tenants have signed leases totaling 14,880 square feet at The Grove at Harper’s Preserve, a 21,500-square-foot retail center in Conroe, approximately 40 miles north of Houston. Mayweather Boxing + Fitness, Thrive Massage, Pet Supplies Plus and Heartland Dental will be the newest tenants to join the property, the leasing of which is led by Main Street Commercial Partners. Gulf Coast Commercial Group is the developer and oversees management of the center. Other tenants at the development include Dutch Bros. Coffee, AT&T, Freebirds World Burrito, Jersey …
Texas
Magnolia, Texas — SVN | J. Beard Real Estate has arranged the sale of Renaissance Center, a 92,724-square-foot shopping center located in Magnolia, roughly 44 miles northwest of Houston. Tenants at the 95 percent-occupied property include Brookshire Brothers, Woodforest National Bank, Petsense and Anytime Fitness. An undisclosed buyer purchased the center from a private seller. Matt Knagg and Brittany Jameson of SVN | J. Beard Real Estate — Greater Houston represented the seller and buyer, respectively.
Conroe, Texas — SVN | J. Beard Real Estate — Greater Houston has arranged the sale of a portfolio of nine retail buildings and one office building in Conroe, about 40 miles north of Houston. Jeff Beard and Bonnie Pfrenger of SVN | J. Beard represented the seller, a locally based limited partnership, in the transaction. Kristi Delafuente of JNK Property Group represented the buyer, a private investor.
San Antonio, Texas — Nordstrom Rack and Chick-fil-A have signed leases at Northwoods Shopping Center, a 443,148-square-foot retail center located in San Antonio. Nordstrom Rack will open a 34,966-square-foot store in September. Chick-fil-A is constructing a 4,995-square-foot building at the property, a timeline for which was not announced. Other tenants at the center include H-E-B, Barnes & Noble, Marshall’s, Ulta Beauty, Old Navy, Chuy’s, Fish City Grill, La Madeleine French Bakery & Café, Red Robin and Regal Cinemas. CIM Group is the landlord.
Round Rock, Texas — Partners Real Estate, formerly known as NAI Partners, has arranged the sale of a 5,302-square-foot retail property in the northern Austin suburb of Round Rock. Mister Car Wash occupies the property. Landan Dory and Jason Chtay of Partners represented the buyer, an entity doing business as AJH Williamsburg Ltd., in the transaction. Spencer Henderson and Jim Ceresnak from B&E CRE represented the undisclosed seller.
Stephenville, Texas — Partners Real Estate has negotiated the sale of a 10,200-square-foot retail property in Stephenville, about 70 miles southwest of Fort Worth. The property was fully leased to Family Dollar at the time of sale. Landan Dory of Partners represented the buyer, private investor Perry Lewis, in the transaction. Craig Fuller of Marcus & Millichap represented the undisclosed seller.
Fort Worth, Texas — SRS Real Estate Partners has arranged the $6.1 million sale of a 13,426-square-foot, single-tenant retail building in Fort Worth that is net leased to CVS/pharmacy. The property was built on 2.3 acres in 2020. Matt McNeill of SRS represented the buyer, a California-based private investor, in the transaction. Thomas Co. represented the undisclosed seller.
North Richland Hills, Texas — Merlin Entertainments, an operator based in the United Kingdom, will open a theme park in North Richland Hills, a suburb of Fort Worth, dedicated to children’s entertainment character Peppa Pig. The size of the park, which will feature multiple rides, interactive attractions, themed playscapes and shows, was not disclosed. The location, which is next to the NRH2O Family Water Park, formerly housed Mountasia Family Fun Center. The opening is slated for 2024. Merlin Entertainments, which operates facilities for concepts including Legoland and Sea Life Aquariums, …
Houston, Katy and League City, Texas — Gordon Food Service will open six new stores in metro Houston, the first Texas locations for the brand. Gordon Food Service Stores provide food products, including packaged and fresh goods, to restaurant owners and other foodservice professionals. Each store will comprise between 25,000 and 30,000 square feet. Four stores will open in Houston, Katy and League City Mar. 14, with an additional two stores opening in Houston at a later date.
New York City — A&G Real Estate Partners will auction eight Party City leases in its capacity as real estate advisor to the retailer. These leases — which include locations in Georgia, Iowa, Illinois, Louisiana, Michigan, New York, Texas and West Virginia — come in addition to 12 Party City leases announced for auction by A&G in late February. Ranging in size from 7,500 to 28,000 square feet, 18 total leases remain open. This move is part of Party City Holdco Inc. (PCHI)’s financial restructuring, which is expected to be …