New Caney, Texas — Hobby Lobby has opened a new store in Valley Ranch Town Center, a 240-acre, 1.5 million-square-foot mixed-use development in New Caney, a city roughly 30 miles north of Houston.
The Colony, Texas — Nebraska Furniture Mart, a division of Berkshire Hathaway, has broken ground on a 100-acre lifestyle retail center that is part of Grandscape, a 433-acre, mixed-use development located along the Sam Rayburn Tollway in metro Dallas-Fort Worth.
Fort Worth, Texas — A joint venture between GHP Office Realty and RD Management has sold a 136,000-square-foot shopping center anchored by Albertsons, located in Fort Worth, for $15 million.
Dallas — The Silver Group has arranged the sale of a single-tenant property occupied by LA Fitness, located at 13130 Preston Road, in Dallas.
Rosenberg, Texas — IHOP is set to open a 4,588-square-foot restaurant at Brazos Town Center, a 1.8 million-square-foot shopping center located roughly 35 miles west of Houston in Rosenberg.
San Antonio, Texas — GBT Realty Corp. recently acquired a one-acre site in San Antonio for the development of South Park Commons, a 12,600-square-foot retail center. GBT purchased the property from Target for $925,000 on Feb. 21.
Cypress, Texas — An affiliate of United Equities Inc. has sold Fry-529 Retail Center, a 115,000-square-foot retail center located in Cypress, a northwestern suburb of Houston.
Houston, Texas — HFF has arranged $65 million in interim financing for the 307,509-square-foot retail component of CityCentre, a mixed-use development in Houston.
Plano, Texas — Plano-based J.C. Penney Co. Inc. has announced plans to close two distribution facilities and approximately 130-140 stores over the next few months.
Lakeway, Texas — Stratus Properties Inc. has completed the sale of The Oaks at Lakeway, a 236,739-square-foot shopping center located roughly 22 miles outside Austin in Lakeway.