THE COLONY—Dallas-based Cencor Realty Services Inc. has closed on a tract of land, with plans for a large retail development on a 48-acre site at the corner of the Sam Rayburn Tollway and Josey/FM 423.
According to the Dallas Business Journal, Cencor has been looking at the site years, said David Palmer, executive vice president overseeing development activities for the company, which is affiliated with The Weitzman Group.
"The fact that Nebraska landed at The Colony after looking at a number of sites in a number of states not only makes the land more valuable over time, but there's a number of Nebraska-related users that are inquiring about land there," Palmer said. "It will be a very active corridor over the next two to five years."
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
