FORT WORTH – Las Vegas-based Diversified Real Estate Group has sold Presidio North to a locally owned development partnership controlled by the De La Vega Group.
Presidio North is a 90-acre retail development site at the southwest corner of I-35W and Heritage Trace Pkwy. in Tarrant County.
De La Vega plans to develop 500,000 sf of retail, restaurant, hotel, and entertainment space there. The development will be renamed The Citadel.
Transwestern represented both parties in the transaction.
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