THE COLONY - Dallas-based Cencor Realty Services Inc. has closed on a 48-acre tract on the southwest corner of the Sam Rayburn Tollway and Josey/FM 423. The property is in the area surrounding Nebraska Furniture Mart, which is underway.
Plans for Cencor Realty's development are still forming, but it will be a grocer-anchored retail project with lifestyle and entertainment elements. The developer plans to break ground in January 2014, with a projected completion in 2015.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.