Pierson Retail Advisors Arranges Sale of Market Square in Las Colinas
IRVING, TEXAS — Pierson Retail Advisors (PRA) has arranged the sale of Market Square, a 49,727-square-foot neighborhood retail center located in Irving. PRA represented the seller, Prescott Interests Midway Plaza Ltd., in the transaction. Bo Avery of Tri Marsh Center purchased the asset for an undisclosed price. Market Square is 92.2 percent occupied by tenants such as Boston Market, Pizza Hut, State Farm, Gideon Math & Reading Center, FedEx Office, Subway, Kenpo Karate and MacArthur Pharmacy. The asset is made up of three buildings, including the Valero outparcel, all under a single ownership. The entire team at PRA in Dallas handled the sale.