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LAREDO, TEXAS — GBT Realty, a real estate developer based in Brentwood, Tenn., has completed the construction of the 10,000-square-foot McPherson Place, a retail development located on the corner of Bob Bullock Loop and McPherson Road in Laredo. The new property is fully leased to four retailers: James Avery, Orange Leaf, Starbucks Coffee Co. and AT&T. Including McPherson Place, GBT Realty's total number of developments in Texas is 77.