Regions Southwest
Correction: Shops at Vineyard Village Lists for $43M in Texas
July 19, 2008

An item here yesterday stated that on behalf of the seller, Marcus & Millichap Real Estate Investment Services had sold for $43 million the Shops at Vineyard Village, a 208,000-square-foot shopping center in Euless, Texas. The property has been listed, but not sold. The listing price of $43 million represents $206 per square foot. Located in the Dallas/Fort Worth suburb, the shopping center is situated on 45.58 acres at Glade Road and State Highway 121. The property is across from Glade Parks, a mixed-use development with more than one million square feet of retail space and 858 multi-family units. Built in 2007 and anchored by Bed Bath & Beyond, Marshall’s, PetSmart, Ross, Shoe Pavilion and Staples, the Shops at Vineyard Village is leased to an array of national tenants, including Starbucks, Sports Clips, Dollar Tree, Party City, Smoothie King and numerous others.

 
Recent Southwest Headlines
Jerry Fults Fults to Start New Firm in Dallas
Despite a flat Dallas real estate market, Tracy Fults took a leap of faith in the creation of his new real estate firm of Fults Commercial, following in the footsteps of his late father and one-time mentor Jerry Fults
Houston Hotel Emerges from $22M Makeover
Sunstone Hotel Investors has wrapped up its reinvention of the former Wyndham Greenspoint Hotel, re-opening the 480-room property as the Hilton Houston North.
Financing Deal in Place for Two Suburban Dallas Affordable Housing Properties
With the assistance of Holliday Fenoglio Fowler L.P., Juniper Investment Group has gotten its hands on $17.5 million in financing for its Garden Gate Fort Worth and Garden Gate Plano affordable housing communities located in Fort Worth and Plano, respectively.
184-Acre Bioscience Park Breaks Ground on Former Army Site
Construction began Wednesday as part of the transformation of the former Fitzsimons Army Medical Center in Aurora, Colo., for the 184-acre business park called Colorado Science + Technology Park at Fitzsimons.
Las Vegas Sands, Starwood Hotels Sign Contract to Open First St. Regis Residences in Las Vegas
Las Vegas Sands has reached an agreement with Starwood Hotels & Resorts Worldwide Inc. to develop The St. Regis Residences at the Venetian Palazzo in Las Vegas, Nev.