PECO to Build 8,500 SF Retail Property in Metro Dallas

MCKINNEY, TEXAS — Phillips Edison & Co. (PECO), an owner and operator of grocery-anchored retail centers, will build an 8,500-square-foot retail property in McKinney, a northern suburb of Dallas. Expected to be completed later this year, the property will be part of McKinney Market Street, an 88,389-square-foot shopping center anchored by Market Street, a subsidiary of Idaho-based grocer Albertsons. Tenants that have preleased space at the new development include Sport Clips, The Gelato Cone and Credit Union of Texas.