Eleven grocery-anchored North Texas properties change handsEleven grocery-anchored North Texas properties change handshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=114112015-12-08T06:00:00Z2015-12-08T18:00:00Z

​FORT WORTH – Illinois-based Pine Tree Commercial Realty has acquired an 11-property grocery-anchored retail portfolio spread across eight Dallas-Fort Worth area suburbs.

Totaling​ 768,865 sf, all 11 sites are anchored by a Tom Thumb. 

The suburbs in which the centers are located have an average household income of $104,000 and average population of 94,000. These areas "will support steady occupancy over the long-term,” said Chris Gerard, senior vice president with CBRE.​​

The properties include:

  • ​Heritage Heights in Colleyville,
  • Park West Plaza in Southlake,
  • Flower Mound Crossing and The Highlands in Flower Mound,
  • Cross Timber Court in Lewisville,
  • Josey Oaks Crossing in Carrollton,
  • Hunter's Glen Crossing, Suncreek Village and 14th Street Market in Plano,
  • Shiloh Square in Garland, and
  • Pioneer Plaza in Mesquite.
CBRE represented the seller.​
Fort Worth Business Press
Dallas-Fort Worth-Arlington
http://www.fortworthbusiness.com/news/eleven-grocery-anchored-properties-in-north-texas-acquired/article_fff59b82-9d17-11e5-b4f7-833d7a9e3a2d.htmlRead more at {Source}

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