Granite Park 7. Photo courtesy of Granite Properties.

Real Estate

Real Estate Annual: The Deal Ticker 2016

A complete guide to the year’s largest office, industrial, and retail leases and sales.

Retail Leases

Glade Park. Image courtesy of Glade Park.
Glade Park. Image courtesy of Glade Park.

At Home
Size: 139,000 square feet
Location: 13307 Midway Road in Farmers Branch
Tenant Rep: Jennifer Reynolds with The Retail Connection

Dick’s Sporting Goods
Size: 90,000 square feet
Location: Gates of Prosper, northeast corner of Preston Road and State Highway 121 in Prosper
Tenant Reps: Greg Bracchi and Megan Trimble of EDGE Realty Partners
Leasing Agent: Robert Dozier of Lincoln Property Co. represented the landlord, Lincoln Property Group/Blue Star Land

WinCo Foods
Size: 82,077 square feet
Location: Trinity Valley Shopping Center, northeast corner of State Highway 190 and Josey Lane in Carrollton
Tenant Reps: DWC Commercial and Venture Commercial
Leasing Agents: Matt Luedtke and Steve Gray of The Weitzman Group, and Randy Stebbins and Joe Lea of Cencor Realty Services

Floor & Decor
Size: 72,919 square feet
Location: The Colony Center, State Highway 121 and Colony Boulevard in The Colony
Tenant Reps: Jeff Kittleson and Daniel Taylor of CBRE
Leasing Agents: David Copeland and Megan Trimble of EDGE Realty Partners represented the landlord, Colony 5 Partners

PGA Tour Superstore
Size: 65,506 square feet
Location: Preston Village Center, 8600 Preston Road in Plano
Leasing Agents: Taylor Roberts and Dan Shoevlin with CBRE represented the landlord, OTR, an Ohio GP

Gander Mountain Co.
Size: 60,031 square feet
Location: Eldorado Marketplace, northwest corner of Eldorado Parkway and the Dallas North Tollway in Frisco
Tenant Rep: Daniel Taylor of CBRE
Landlord: Eldorado Marketplace Associates LLC

Hobby Lobby
Size: 55,000 square feet
Location: Mansfield Marketplace, southwest corner of U.S. 287 and Broad Street in Mansfield
Tenant Rep: Paul Burkhart of Concordia Equity
Leasing Agents: Edward Bogel, David Davidson Jr., and John Zikos of Venture Commercial Real Estate; Kevin Avondet of Rising Property LLC

Hobby Lobby
Size: 55,000 square feet
Location: Crossroads at Terrell, northeast corner of FM 148 and Crossroads Parkway in Terrell
Leasing Agent: Andrew Lehner of CBRE represented the landlord, Terrell 80/20 Ltd.

Randall’s Food and Drug LP
Size: 53,000 square feet
Location: The Left Bank, northwest corner of West 7th and Slayton streets in Fort Worth
Brokers: Larry Jordan and Steve Williamson with Transwestern represented both the tenant and the landlord, Centergy Left Bank LP

Cinépolis USA
Size: 52,000 square feet
Location: Glade Park, southwest corner of State Highway 121 and Glade Road in Euless
Tenant Reps: Blake Shipp with The Weitzman Group and Neil Baron of Cinépolis USA
Details: The movie chain will go into the second phase of Glade Park, a power retail development. It will develop a multi-screen cinema that will feature plush automated recliners, a bar and gourmet snacks. The theater is set to open in summer 2017.

Alamo Drafthouse Cinemas
Size: 45,240 square feet
Location: 6770 Abrams Road in Dallas
Tenant Rep: Tyler Isbell of SRS Real Estate Partners

Best Buy
Size: 45,000 square feet
Location: Cameron Crossing Shopping Center, 1751 N. Central Expy. in McKinney
Tenant Rep: Susan Ridley of The Retail Connection

Best Buy
Size: 44,838 square feet
Location: Vista Ridge Shopping Center, 2601 S. Stemmons Fwy. in Lewisville
Tenant Rep: Susan Ridley of The Retail Connection

Flix Brewhouse
Size: 38,500 square feet
Location: Main Marketplace, northwest corner of FM 423 and King Road in Little Elm
Tenant Reps: Chris Corbin and Bob Moore of Venture Commercial Real Estate
Leasing Agent: David Levinson of The Retail Connection

LA Fitness
Size: 37,000 square feet
Location: North Tarrant Markeplace, southwest corner of North Tarrant Parkway and Precinct Line Drive in North Richland Hills
Tenant Reps: Jonathan Cooper and John Zikos with Venture Commercial; Walt Brown Jr. and Tim Dollander of Diversified Partners
Leasing Agent: David Meyers of NewQuest Properties

24 Hour Fitness
Size: 37,000 square feet
Location: Glade Parks, State Highway 121 and Glade Road in Euless
Tenant Rep: Jeff Kittleson of CBRE
Leasing Agents: Steve Ewing and Josh Flores of EDGE Realty Partners represented the landlord, North Rock Real Estate

Nordstrom Rack
Size: 33,000 square feet
Location: The Center at Preston Ridge, Preston Road and Warren Parkway in Frisco
Tenant Reps: Steve Lieberman and David Fazio with The Retail Connection
Leasing Agent: Ryan Guheen of Brixmor

TJMaxx
Size: 32,629 square feet
Location: Village by the Parks I & II, northeast corner of Interstate 20 and S. Cooper St. in Arlington
Leasing Agents: Elizabeth Allen and James Grant of The Weitzman Group

Sears Outlet
Size: 31,396 square feet
Location: 14060 Dallas Pkwy. in Dallas
Leasing Agents: Chris Gibbons of Venture Commercial Real Estate; Fred Burstein of DJM Real Estate; and Kristen Cavanaugh of United Equities Inc.

Take 5 OIl Change
Size: 31,338 square feet
Location: Westover Village, northeast corner of Alta Mere Drive and Green Oaks Boulevard in Fort Worth
Tenant Reps: Charlotte Cooper and Clay Mote of Venture Commercial Real Estate
Leasing Agent: Chrystal Morgan of Shop Cos. represented the landlord, Arrow Rock Westover Village LP

Barnes & Noble
Size: 30,038 square feet
Location: Vista Ridge Village, 2325 S. Stemmons Fwy. in Lewisville
Tenant Reps: Jenny Reynolds and Kendall Ibsen with The Retail Connection

Bed Bath & Beyond
Size: 30,000 square feet
Location: Gateway Plaza, 2800 E. Southlake Blvd. in Southlake
Tenant Reps: Steve Lieberman and David Fazio with The Retail Connection
Leasing Agents: Jack Weir and David Levinson with The Retail Connection, and Jason Kasal and Bonnie Threadgill of RPAI

Conn’s
Size: 30,000 square feet
Location: Arlington Highlands, northeast corner of Interstate 20 and Matlock Road
in Arlington
Tenant Rep: Eric Fedro or CBRE
Leasing Agents: John Mathes and Alex Johnson of The Retail Connection, and Donna Czachura of Fairbourne Properties

Sprouts Farmers Market
Size: 28,000 square feet
Location: 7100 Wildcat Way in Dallas
Tenant Reps: Jean Smith and Karla Smith with CBRE|UCR
Leasing Agents: Jeff Kittleson and Rich Flaten with CBRE represented the landlord, PCLH Land Partners

Dirt Cheap
Size: 25,000 square feet
Location: 2434 Interstate 35E in Denton
Tenant Reps: Rob Franks and Cole Burdette of JLL
Leasing Agents: Dan Avnery and Mike Smith of NAI Robert Lynn represented the landlord, Triangle Properties

Treehouse
Size: 25,000 square feet
Location: The Hill, Walnut Hill Lane and U.S. 75 in Dallas
Leasing Agent: Dawn Greiner of SRS Real Estate Partners represented the landlord, Cypress Equities

1/2 of 1/2 Name Brand Clothing
Size: 24,080 square feet
Location: 955 W. John Carpenter Fwy. in Irving
Tenant Rep: Jenny Reynolds of The Retail Connection

Service King
Size: 22,461 square feet
Location: 5270 Memorial Drive in The Colony
Tenant Reps: Sean Alkek and Ryan Jordan of EDGE Realty Partners
Leasing Agent: StreetLevel Investments represented the landlord, 3MEBS Property Co LLC

Dollar Tree
Size: 21,000 square feet
Location: Broadmoor Plaza, 500 N. Galloway Ave. in Mesquite
Tenant Reps: Jim Weir and Jack Weir of The Retail Connection
Leasing Agent: Jim Conine of Quine & Associates

Texas Family Fitness
Size: 21,000 square feet
Location: Alliance Town Center, 9120 N. Freeway Service Road East in Fort Worth
Tenant Rep: Dan Avnery with NAI Robert Lynn
Leasing Agents: Andrew Sudderth and Brandon Trimble with The Retail Connection

The Perfectly Green Corp
Size: 20,682 square feet
Location: 2901 Technology Drive in Plano
Tenant Rep: Ryan Jordan of EDGE Realty Partners
Leasing Agents: Brian Pafford and Clint Manning of Bradford Commercial represented the sublessor, Advance Flooring, and the landlord, Exeter

Antique Mall of Allen
Size: 20,264 square feet
Location: 104 N. Greenville Ave. in Allen
Broker: Dan Avnery of NAI Robert Lynn represented both sides in the transaction

Rally House
Size: 20,018 square feet
Location: The Shops at Vineyard Village, 280 State Highway 121 in Euless
Tenant Rep: Jeremy Zidell of The Retail Connection
Leasing Agent: Hilary Shiner was the in-house leasing representative for RED Development

Planet Fitness
Size: 20,000 square feet
Location: Central Park Shopping Center, 1706 W. Irving Blvd. in Irving

Tenant Reps: Tyler Grisham and Ryan Jordan of EDGE Realty Partners
Leasing Agent: Giovanni Palavicini of Frontera represented the landlord, Merrit Capital Partners

Total Wine
Size: 20,000 square feet
Location: The Village at Allen, 190 E. Stacy Road in Allen
Leasing Agent: Andrew Lehner with CBRE represented the landlord, The Village at Allen LP

Petsmart
Size: 19,614 square feet
Location: Pleasant Run Town Crossing, southwest corner of Pleasant Run Road and Highway 67 in Cedar Hill
Tenant Reps: Steve Lieberman and David Fazio of The Retail Connection
Leasing Agents: David Levinson, Jack Weir, and Kendall Ibsen of The Retail Connection and Jason Kasal and Bonnie Threadgill of RPAI

DSW
Size: 18,859 square feet
Location: The Shops at Park Lane, 8080 Park Lane in Dallas
Tenant Rep: Steve Greenberg of The Retail Connection
Leasing Agent: Ward Kampf of Northwood Retail

Habitat for Humanity
Size: 17,771 square feet
Location: Custer Creek Center, 2060 W. Spring Creek Pkwy. in Plano
Tenant Rep: David Schnitzer of Venture Commercial Real Estate
Leasing Agent: Roger Smeltzer Jr. of Vision Commercial Real Estate represented the landlord, WC Custer Creek Center LP

1/2 of 1/2 Name Brand Clothing
Size: 15,800 square feet
Location: 3880 W. Emporium Circle in Mesquite
Tenant Rep: Jennifer Reynolds of The Retail Connection

Sherwin Williams
Size: 15,581 square feet
Location: Colony Square, 5201 S. Colony Blvd., The Colony
Tenant Rep: Terry Syler of The Retail Connection
Leasing Agent: Steven M. Trese of CBRE

NAPA Auto Parts
Size: 15,080 square feet
Location: 3021 Alta Mere Drive in Fort Worth
Tenant Reps: Jeff Kittleson and Chris Sacks of CBRE
Leasing Agents: Michael Dearden and Easley Waggoner Jr. of Venture Commercial Real Estate represented the landlord, Hickman Family LP

DSW
Size: 15,000 square feet
Location: Glade Parks, 2951 State Highway 121 in Euless
Tenant Rep: Steve Greenberg of The Retail Connection
Leasing Agent: Steve Ewins of Edge Realty Partners

Retail Sales

Murphy Retail
Size: 229,098 square feet
Location: Northeast corner of Murphy Road and FM 544 in Murphy
Buyer: The Phillips Edison Group LLC
Seller: Allen & Loucks Venture LP, represented by Chris Cozby and Chris Gerard of CBRE

3434 W. Illinois Avenue
Size: 163,158 square feet
Location: 3434 W. Illinois Ave. in Dallas
Buyer: ACF Property Management
Seller: AP POB Sierra Vista LLC, represented by Chris Cozby and Chris Gerard of CBRE

Nearly every submarket in the region registered rent growth in the last year. Rent is highest in Central Dallas, at $22.57 per square foot.

Marcus & Millichap, Q3 2016

5801 Preston Road
Size: 162,747 square feet
Location: 5801 Preston Road in Plano
Buyer: Trigate Acquisitions III
Seller: 5801 Preston Road Holdings LP, represented by Chris Cozby and Chris Gerard of CBRE

Overton Ridge
Size: 114,495 square feet
Location: 4901-4965 Overton Ridge Blvd. in Fort Worth
Buyer: LPC Retail LLC
Seller: TPRF III Ridge Rock LP, represented by Chris Cozby and Chris Gerard of CBRE

Westover Village
Size: 111,129 square feet
Location: Northeast corner of Alta Mere Drive and Lafite Point in Fort Worth
Buyer: Waffle House Inc., represented by Chris Corbin and Michael Dearden of Venture Commercial Real Estate
Seller: ArrowRock Westover Village

2536 Forest Lane
Size: 96,557 square feet
Location: 2536 Forest Lane in Dallas
Buyer: Leo Griggs, represented by Mark Adame of Joe Adame & Associates Inc.
Seller: AutoNation Luxury Imports Ltd., represented by Mark Newman, Clay Smith, and Katie Carlisle of JLL

5605 Colleyville Boulevard
Size: 72,617 square feet
Location: 5605 Colleyville Blvd. in Colleyville
Buyer: Velocis Colleyville
Seller: BRE RC Retail Holdings LLC, represented by Chris Cozby and Chris Gerard of CBRE

Watauga Towne Center
Size: 65,280 square feet
Location: Watauga Towne Center, 8416 Denton Hwy. in Watauga
Buyer: Westwood Financial Corp.
Seller: SCI Watauga Towne Center, represented by Chris Cozby and Chris Gerard of CBRE

Garland Portfolio
Size: 57,747 square feet
Location: 2645 Arapaho Road in Garland
Buyer: JAH Realty LP
Seller: Pioneer Place, Shiloh Square, and Suncreek Village, represented by Chris Cozby and Chris Gerard of CBRE

LA Fitness
Size: 38,000 square feet
Location: 5080 Main St. in Frisco
Buyer: 42 DE Canton, represented by Mike Friedman of CBRE and Larry Golman of Golman & Associates
Seller: Main Tollway Retail I, represented by Jonathan Cooper, Chris Gibbons, Don Miller, and John Zikos of Venture Commercial Real Estate

Wade Park. Image courtesy of Wade Park.
Wade Park. Image courtesy of Wade Park.

Valley View MultiTenant
Size: 34,753 square feet
Location: 4051 LBJ Fwy. in Dallas
Seller: Midland Loan Services, represented by EDGE Realty Capital Markets

Signature Plaza
Size: 32,414 square feet
Location: Signature Plaza, 9720 Coit Road in Plano
Buyer: Red 99 Invest Ltd.
Seller: Signature Plaza, represented by Chris Cozby and Chris Gerard of CBRE

Elrod’s Cost Plus Supermarket
Size: 26,850 square feet
Location: 2045 Fort Worth Ave. in Dallas
Buyer: Cienda Management LLC, represented by Chris Gibbons of Venture Commercial Real Estate and Scott Lake and Jake Milner of Davidson & Bogel Real Estate
Seller: Victor Ballas

The Shops of Grapevine Mills
Size: 26,713 square feet
Location: 3000 Grapevine Mills Pkwy. in Grapevine
Buyer: The buyer was represented by Manuel Ramon of Green Earth Realty
Seller: The seller was represented by Eric Deuillet and Troy Morgan of Structure Commercial

Sonic Drive-In Portfolio
Size: 26,211 square feet
Locations: Various throughout North Texas
Seller: Stabilis Capital, represented by EDGE Realty Capital Markets

3900 Hemphill
Size: 17,205 square feet
Location: 3900 Hemphill in Fort Worth
Buyer: Cross Cos., represented by Jerad Rector and John McGregor of Worldwide Commercial
Seller: Widespread Properties, represented by Farris Lee Investments

Lakewood Square
Size: 14,919 square feet
Location: 3969 Teasley Lane in Denton
Buyer: VMY Properties LLC, represented by Michelle Hudson of Hudson Peters Commercial
Seller: Lakewood Square Partners, represented by Blue Plate Network and Jonathan Cooper, Mike Geisler, Chris Gibbons, Don Miller, and John Zikos of Venture Commercial Real Estate

Bryan Street Portfolio
Size: 14,406 square feet
Location: 4101, 4107, and 4109 Bryan St. in Dallas
Buyer: 2016 Bryan LLC, represented by Mike Geisler and Theo Thompson of Venture Commercial Real Estate
Seller: Willow Building 3800 Ltd. and EVF Partnership, represented by Matt Thompson of Colliers International

Lake Cliff Center
Size: 13,891 square feet
Location: 1133 N. Zang Blvd. in Dallas
Buyer: Zang OC 2016 LC, represented by Mike Geisler and Theo Thompson of Venture Commercial Real Estate
Seller: Zang/Madison Partners LP, represented by Carter Wilson of Lafayette Properties Inc.

Dollar Tree
Size: 10,000 square feet
Location: 1398 E. Belt Line Road in DeSoto
Seller: The Shops at Ten Mile Creek LP, represented by EDGE Realty Capital Markets

This article appears in D CEO’s Real Estate Annual 2016 issue.

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