Texas

FORT WORTH — Construction has begun on a new 30,000-square-foot retail development and outdoor plaza at City Place, located at Throckmorton and Third streets in Fort Worth's Central Business District. The property was designed by WDG Architecture's Dallas office and is being built by Rogers-O'Brien Construction. Chris Corbin, Michael Dearden and Theo Thompson of Venture Commercial's Dallas office will handle retail leasing for the property, which is being developed by Dallas-based Spire Realty Group.

OKLAHOMA CITY, OKLA. — Irvine, Calif.-based Hanley Investment Group has brokered the $11.58 million sale of the 202,247-square-foot Southern Hills Shopping Center, located at 1414-1630 SW 74th St. and 7620 S. Pennsylvania Ave. in Oklahoma City. The property is 95 percent leased to Aaron's, B-Sew Inn, Dollar Tree, Golf USA, Hancock Fabrics, Horse & Rider, Joe's Crab Shack, Mazzio's Italian Eatery, Mill Creek Carpet & Tile, Northern Tool, Ocean Dental, SAS Shoes, Starbucks and Wendys. Eric Wohl, Kevin Fryman and Edward Hanley of Hanley Investment Group's Irvine office represented both the buyer, a Los Angeles-based private investor, and the seller, a Cincinnati-based institutional investment company, in the transaction.