DALLAS-Jones Lang LaSalle has picked up a valuable Texas retail portfolio totaling more than 1 million square feet.
The real estate firm was chosen by Inland American Retail Management LLC and Inland Diversified to manage leasing of seven retail centers in North Texas, and the firm is working to expand its retail presence, according to a report in the Dallas Business Journal.
The acquired portfolio, which includes McKinney Towne Crossing, is reportedly nearly 95% occupied.
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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.
