Texas

Allen, Texas — JLL Capital Markets has arranged the sale of Watters Creek at Montgomery Farm, a 458,091-square-foot mixed-use property in Allen, about 26 miles from Dallas. Chris Gerard, Ryan Shore, Greyson Fewin and Pauli Kerr of JLL represented the seller, a partnership between PCCP LLC and Trademark Property Co. John Brownlee, Clint Coe, Jack Rohrman and Chad Lisbeth of JLL secured acquisition financing on behalf of the buyer, a partnership comprising Charter Holdings and DuWest Realty. The floating-rate, non-recourse loan was secured through Washington Federal Bank and Texas Capital …

Houston — JLL has arranged the sale of Champions Village, a 383,346-square-foot retail power center situated on 31.5 acres in northwest Houston. Retailers at the property include grocer Randalls, Barnes & Noble, T.J. Maxx, Tuesday Morning, Kirklands, Jenny Craig, Supercuts, Bath & Body Works, Body & Brain Yoga and Berkeley Eye Center. Restaurant users include La Madeleine, Don Ramons Mexican Restaurant, Cassandra’s Louisiana Kitchen and MOD Pizza. Chris Gerard, Ryan West, Sherri Rollins and Ethan Goldberg of JLL represented the seller, New Market Properties LLC, a subsidiary of REIT Preferred …

Austin, Texas — Swanson Development Co. has sold a 13,833-square-foot, single-tenant retail property triple-net-leased to Walgreens in Austin. Alex Sharrin, Alex Geanakos and John Indelli of JLL represented the seller in the disposition of the property to Sikka Investments. Walgreens recently signed a new 15-year lease at the property, which is located on 1.86 acres at 6200 W. William Cannon Drive.

Midland, Texas — SRS Real Estate Partners’ National Net Lease Group has brokered the $5.9 million sale of a two-tenant retail property located at 3200 N Loop 250 W in Midland. Britt Raymond and Kyle Fant of SRS represented the seller, a Texas-based developer. Jake Bordelon of Marcus & Millichap represented the buyer, a California-based private investor. The 94,579-square-foot property is fully occupied by Kohl’s and Crunch Fitness.

Houston — Wu Properties has acquired Willowchase Center, a 231,126-square-foot shopping center that sits on a 19.5-acre site in northwest Houston. The property was 97 percent leased at the time of sale, with Hispanic grocer Fiesta serving as its anchor. Other tenants include dd’s DISCOUNTS, Jo-Ann Fabrics, Goodwill, Northern Tool + Equipment, Mattress Firm, Family Dollar, America’s Best, Jamboree Dentistry and Metro PCS. Ryan West, Chris Gerard, John Indelli, Katherine Miller, Bailey Black and Grant Rexrode of JLL represented the seller, Fidelis Realty Partners, in the transaction. Wu Properties has …

McKinney, Texas — Disney Investment Group (DIG) has arranged the sale of Lake Forest Marketplace, a 37,500-square-foot shopping center in McKinney, about 33 miles from Dallas. The property was built in 2019. At the time of sale, Lake Forest Marketplace was fully leased to 14 tenants, including Pet Supplies Plus, MOD Pizza, Athletico, Floyds 99 Barbershop, Jersey Mike’s Subs and The UPS Store. David Disney and Adam Crockett of DIG represented the seller and procured the buyer, both of which requested anonymity, in the transaction.