CARROLLTON - New Quest Properties has bought the 154,000-sf Carrollton Town Center at the southeast corner of President George Bush Turnpike and Old Denton Rd.
Built in the 1980s, the shopping strip has suffered from high vacancies. A 50,000 sf tenant — 99 Ranch Market — will anchor redevelopment of the property.
“This is going to be big with 99 Ranch, the country’s largest Asian supermarket already signed on and others following,” said Eric Deuillet, president of Structure Commercial, who brokered the sale.
Houston-based New Quest Properties also plans to give the shopping center buildings new exteriors and will upgrade the parking lots and landscaping.
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