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Henry S. Miller Cos. Expands Investment, Development Divisions

DALLAS-A merger in Dallas and a merchant build alliance with an out-of-state development partner set up Henry S. Miller Cos. for a second year of change. Wal-Mart is a linchpin in the $70-million development plan.

By Connie Gore | Updated on March 24, 2002

DALLAS-Henry S. Miller Cos. of Dallas has leveraged itself for a second year of change, taking over Dallas’ Stonehill Realty Capital Group and striking an alliance with an out-of-state partner for developments outside Texas.

In a $70-million package, 33 shopping centers or 650,000 sf–maybe more–will roll out in the next three years under a merchant build partnership with Steve Walker of WM&K Development Co. of Hot Springs, AR. The centers are in various development stages in Oklahoma, Mississippi, Arkansas and Louisiana, but clearly represent the firm’s first development foray outside Texas. The firm is looking to neighbor Wal-Mart with all projects.

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