West Coast investor grabs Frisco Lebanon-Ohio centerWest Coast investor grabs Frisco Lebanon-Ohio centerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=43602014-04-25T20:44:00Z2014-04-23T00:00:00Z

FRISCO - A Los Angeles-based investor has bought the 29,200-sf Lebanon-Ohio Business Center at 4681 Ohio Dr.

Shayan Holdings LLC bought the Class A property, which sits at the southwest corner of Lebanon Rd. and Ohio Dr., from Frisco-based LandPlan Development Corp.

The retail center is 90 percent leased to tenants including CrossFit Remedy and Arts and Technology Institute.

Because the shopping center sits a block away from Preston Rd., tenants can capture the high-end Frisco shopper without paying higher Preston Rd. rental rates, said Jennifer Pierson, managing director in CBRE's Dallas office.

Dallas Business Journal
Dallas-Fort Worth-Arlington
http://www.bizjournals.com/dallas/news/2014/04/18/los-angeles-investor-buys-frisco-shopping-center.htmlRead more at {Source}

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