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DALLAS and SOUTHLAKE, TEXAS — Shop Cos.’ investment sales has brokered the sale of two retail properties in metro Dallas totaling 44,105 square feet. Tommy Tucker and Tim Axilrod of Shop Cos. represented the seller in each transaction. The properties include:
- Campbell Village, a 36,659-square-foot retail center located in Dallas at the southeast quadrant of Hillcrest and Campbell roads. At the time of closing the property was 94.5 percent leased to tenants including Leslie’s Pool Supplies, North Texas Physical Therapy, Campbell Village Veterinary Hospital, Armani Salon, Empire Cleaners, Meat Point and Rover Sleepover. Shop Cos. represented the seller, a Dallas-based limited company. A private purchaser from California utilizing a 1031 tax-deferred exchange was the buyer.
- Stanley Crossing, a 7,446-square-foot retail center in Southlake. The property sits at the intersection of West Southlake Boulevard (FM 1709) and Davis Boulevard (FM 1938). At the time of closing it was 100 percent leased to Bibbentuckers, Re/Max and Indulge Nail Salon. Shop Cos. represented the seller, a Dallas-based limited partnership. A Delaware-based limited utilizing a 1031 tax-deferred exchange was the buyer.