between The Retail Connection and Rockstreet Partners has sold the recently
developed Plano, TX 55K square foot Hobby Lobby. The property sits on the
southeast corner of Park Blvd. and Plano Parkway, adjacent one of the highest
grossing Petsmart, Home Depot and Costco retail stores in the DFW
metroplex. The single tenant development
is located in one of DFW’s most desirable submarkets, boasting some of the
strongest demographics in the region.
has over 600 stores in 45 states nationwide.
Reynolds | Executive Vice President | Brokerage and Chad Bradshaw | Vice
President | Development for The Retail Connection and Rockstreet Partners,
owners, were represented by sellers agents Patrick Toomey and Kyle Matthews of
Matthews Real Estate Investment Services on the sale.
The undisclosed buyer, who 1031-exchanged into the
deal, was represented by Dallas-based Kodiak Capital Partners.