Liberty Hill, Texas — Provident Realty Advisors has signed Walmart to anchor Santa Rita Ranch Center, a $100 million, 400,000-square-foot planned commercial development in Liberty Hill, roughly 35 miles northwest of Austin. Situated within the master-planned community of Santa Rita Ranch, Walmart will occupy 175,995 square feet and is expected to open in 2027. Additional tenants have not been announced. Santa Rita Ranch comprises more than 5,000 homes, with a projected 10,000 total homes at full buildout.
Texas
Plano, Texas — Adidas has signed a lease for a new flagship store at Legacy West, a 255-acre mixed-use development located in Plano, approximately 16 miles northeast of downtown Dallas. The 3,200-square-foot store will open on June 4. Adidas will be situated on the north end of the Legacy West development, joining a mix of high-end retailers like Louis Vuitton, Gucci and Ralph Lauren. A joint venture between Indianapolis-based Kite Realty Group and Singapore-based GIC acquired Legacy West in May 2025 for $785 million. The mixed-use development features 344,000 square …
Weitzman Breaks Ground on Retail Portion of Mixed-Use Development in Metro Fort Worth, Texas
Flower Mound, Texas — Weitzman has broken ground on Silveron Park, a restaurant-focused retail development located on the southeast corner of Lakeside Village Boulevard and International Parkway in Flower Mound, roughly 25 miles northeast of Fort Worth. Situated as part of a larger mixed-use development, the project’s first phase of retail will consist of 17,400 square feet of shop space, along with available drive-thru pads. Phase I is expected for completion this fall. At full buildout, Silveron Park will include 40,000 square feet of retail, 525,000 square feet of office …
San Antonio — Marcus & Millichap has brokered the sale of Rigsby Avenue Shopping Center, a 64,200-square-foot retail center located in San Antonio. Philip Levy of Marcus & Millichap represented the seller and procured the buyer, both private investors. Constructed in 2002 on roughly 6.1 acres, Rigsby Avenue Shopping Center was fully leased at the time of sale to tenants including Alamo City Urgent Care, Brident Dental & Orthodontics, Baptist Health Systems, Avis Budget Car Rental and Cato.
Dallas — Four new tenants have signed leases at Inwood Village, a historic shopping center and dining destination located at Lovers Lane and Inwood Road in Dallas. Outdoor lifestyle brand Ball and Buck, along with PopUp Bagels, have already opened at the center. In addition, boutique wellness brand Jungle Studio Fitness will debut in mid-2026, while home furnishings retailer Rejuvenation by Williams-Sonoma will launch in late 2026. Open Realty Advisors, in conjunction with Newmark Co., manages and leases Inwood Village, which opened in 1947. L&B Realty Advisors LLP owns …
Academy Sports + Outdoors to Backfill Former Macy’s Store at Fairview Town Center in Texas
Fairview, Texas — Academy Sports + Outdoors has signed a lease to backfill the former 130,000-square-foot Macy’s space at Fairview Town Center, a 921,075-square-foot lifestyle center located in Fairview, roughly 30 miles north of downtown Dallas. Academy’s new store, which is currently being remodeled, will span 65,400 square feet and is expected to open by this summer. Thomas Glendenning of SHOP Cos. arranged the lease on behalf of the ownership of Fairview Town Center. Additional tenants at Fairview Town Center, which was built in 2009, include Whole Foods Market, JCPenney, Dillard’s, …
New Braunfels, Texas — Houston-based development and brokerage firm NewQuest is underway on construction of a 100,000-square-foot retail expansion project in New Braunfels, roughly 30 miles northeast of San Antonio. The expansion of New Braunfels Town Center at Creekside, which is part of the 400-acre Creekside Town Center master-planned development, involves construction of new single-tenant buildings for EöS Fitness, Chick-fil-A, Portillo’s and Chase Bank. The project will also feature a roughly 10,000-square-foot multi-tenant building that is fully preleased to Chipotle Mexican Grill, CAVA, Potbelly, Blo Dry Bar and Menchie’s Frozen …
Frisco, Texas — Wilks Development has signed leases with three new tenants at Firefly Park, a 217-acre mixed-use project under construction in Frisco, roughly 28 miles north of Dallas. Frenchie, Woodhouse Spa and Second Rodeo will join sportswear retailer TYLER’S at the Shops at Firefly Park. With the latest deals, phase one retail is now 41 percent leased, totaling nearly 46,000 square feet. All four tenants are expected to open in fall 2027 alongside Firefly Park’s initial phase, which will include retail, residential, office and hotel space. Upon full buildout, …
The Woodlands, Texas — Newman Commercial Real Estate has acquired Grogan’s Forest Center, a 7,100-square-foot neighborhood center located in The Woodlands, a mixed-use development located about 30 miles north of Houston. Serving as a convenience-oriented retail node within the Grogan’s Mill area, the center is home to a mix of tenants including Komeya Sushi & Ramen, Great Clips, Prime Dental Care USA and Feng Cha.
RealSource Group Arranges $5.4 Million Sale of Single-Tenant Retail Property in Metro Houston
Kemah, Texas — RealSource Group has arranged the $5.4 million sale of a single-tenant retail property located in Kemah, roughly 30 miles southeast of downtown Houston. Mister Car Wash occupies the 5,462-square-foot building, which was built in 2021, on a corporate guaranteed lease. Austin Blodgett and Jonathan Schiffer of RealSource Group, in association with ParaSell Inc., represented the seller, a private investor based in Houston. Chase Cameron of Matthews Real Estate Investment Services represented the Southern California-based buyer. Tucson, Arizona-based Mister Car Wash operates more than 550 locations nationwide and …