Shopping Center Sale in Texas

 

Frisco, TX —Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, announced the successful closing of Main Marketplace, a shopping center located at 1690 FM 423 in Frisco, TX. Matthews™ Associate Baylor Worman and AVP and Associate Director Grayson Duyck represented the buyer in the transaction.

 

Located in the West Frisco submarket, the retail center is positioned on 14.65 acres and boasts 115,736 square feet across nine buildings. Main Marketplace is 97% occupied with its current tenant mix consisting of entertainment venues, restaurants, and fitness, including Capriotti’s Sandwich Shop, Flix Brewhouse, Texas Family Fitness, and more.

 

“This center is located in one of Frisco’s most affluent submarkets and offers several long-term triple net leases with popular retailers,” Worman said.

 

CBRE’s Michael Austry and Jared Aubrey represented the seller in the transaction.

 

Main Marketplace was purchased by an all-cash private investor based out of Texas.

 

For more information or to contact a Matthews™ specialized agent, please visit www.matthews.com.

 

About Matthews™

Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 25+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.