Texas

Richmond, Texas — RealSource Group has arranged the sale of a single-tenant retail property net leased to LA Fitness, located roughly 30 miles outside Houston in Richmond. Austin Blodgett of RealSource, along with ParaSell Inc., represented the seller, a private developer based in Houston. Blodgett and ParaSell also represented the buyer, a private partnership based in Texas. The sales price was not disclosed. The 47,000-square-foot LA Fitness is situated within Waterview Town Center, a 525,000-square-foot retail center that is home to tenants including Academy Sports, At Home, 7-Eleven, Quick Quack …

Lewisville, Texas — Weitzman has arranged the sale of The Shops at Vista Ridge, a 74,837-square-foot retail center located in the northern Dallas suburb of Lewisville. Texas Family Fitness and Harbor Freight Tools anchor the center, which is home to tenants including JC, McAlister’s Deli, Smoothie King and Hobbytown USA. Matthew Rosenfeld, Kevin Butkus and Giovanni Scardino of Weitzman handled negotiations on behalf of the sellers, a partnership between Lamar Cos. and Real Capital Solutions. The buyer was an undisclosed, locally based investment group.

Austin, Texas — Edens has purchased Springdale Shopping Center, a 163,145-square-foot, grocery-anchored retail property in Austin. Regional grocer H-E-B is the anchor tenant at the center, which was fully leased at the time of sale. Other tenants include Ross Dress for Less, dd’s, Dollar Tree, O’Reilly Auto Parts, Subway, KFC and Wingstop. Chris Gerard, Ryan Shore, Clint Coe, Erin Lazarus and Zach Riebe of JLL represented the seller, Forge Capital Partners, in the transaction.

San Antonio — Cushman & Wakefield has arranged the sale of Alamo Ranch, a 464,722-square-foot retail center in San Antonio. The property’s tenants include Best Buy, Dick’s Sporting Goods, Ross Dress for Less, Marshalls, Michaels, Ulta Beauty, PetSmart and OfficeMax. In addition, the center is shadow anchored by Super Target, Lowe’s Home Improvement and J.C. Penney. Margaret Jones, Lane Breedlove, Chris Harden and Kris Von Hohn of Cushman & Wakefield brokered the deal on behalf of the undisclosed seller. Big V Property Group acquired Alamo Ranch for an undisclosed price.