Shop Cos. secures 56K-SF sale of retail space across Texas

​​FORT WORTH, HARLINGEN, SHERMAN – SHOP Cos. Investment Sales has secured the sale of three retail properties in Texas totaling 55,645 sf.

The first is Rosedale Plaza, a 21,602-sf, newly renovated retail center located in Fort Worth. The property is located ten miles southeast of downtown Fort Worth at the northeast corner of Rosedale St. and Ayers Ave.

At the time of closing, Rosedale Plaza was 94 percent leased to tenants including Family Dollar, Cricket Wireless, La Familia Insurance, Rosedale Laundry, Hernandez Mexican Food and Dr. Aaron Salmon, D.D.S.

The second transaction was Ed Carey Plaza, a 23,243-sf shopping center located in Harlingen. At the time of closing, the property was 100 percent leased to tenants including T-Mobile, Marble Slab Creamery, Quizno’s, Wing Barn, Advance America, Sun Loan and Sylvan Learning Center.

Ed Carey Plaza is located along North Ed Carey Dr. SHOP Cos. represented the seller, a Dallas-based limited liability company, and procured the buyer, a limited partnership from Houston.

The third transaction was Verizon, Stanton Optical and One Med Spa, a 10,800-sf retail center in Sherman. The property is located one-hour north of downtown Dallas at the intersection US Hwy. 75 and Hwy. 82.