Venture Investment Partners, an affiliate of Venture Commercial Real Estate, has made its second purchase: Preston Stonebrook. The 58,594-square-foot specialty center is at the corner of Preston Road and Stonebrook Parkway in Frisco.
Bo Brownlee and Easley Waggoner Jr. are leading the new investment group, along with the partners and principals of Venture Commercial.
The seller in the deal, Dunhill Partners, was represented by JLL. Venture Commercial will oversee leasing and management of the property, which currently is fully occupied.
Venture Investment Partners previously purchased the Hulen Fashion Center in Fort Worth. The acquisitions are “the first of many more to come throughout DFW and the state of Texas,” Brownlee said.
