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Talks Under Way with Retail Prospects for 6.9-Acre Buy

SACHSE, TX-About 6.9 acres, under contract since spring, are now in the hands of a group of experienced investors who are seeking retailers for pad sites in Sachse, a northeast Dallas suburb. The first closings will come in Q1 2002, the broker confides.

By Connie Gore | Updated on September 17, 2001

SACHSE, TX-About 6.9 acres in a northeast Dallas suburb, bracing for development sparked by a road completion, will be divided into retail pads and hawked.

Sachse and its neighbor of Wylie are “just exploding,” Tom Grunnah, Henry S. Miller Commercial associate, tells GlobeSt.com. Grunnah represented a group of investors who have bought the acreage on the southeast corner of Texas 78 and Hooper Road. Buddy Wall of Century 21 Judge Fite acted on behalf of seller, Billy C. Nelson. The buy, says Grunnah, represents all of Nelson’s holdings at that corner, which is sure to be a hotspot as Texas 78′s construction progresses.

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