FORT WORTH—Private equity real estate fund manager Velocis has named Weitzman to direct project leasing and property management at two Tarrant County retail centers. The centers are Fort Worth's historic Ridglea Village and Colleyville's lifestyle center, Town Center Colleyville.
Gretchen Miller and Stephen Wise with Weitzman are handling project leasing. Weitzman's Vicky Johnson is property manager for the two centers, which total a combined 358,424 square feet.
“These two landmark properties offer a great mix of specialty retail, restaurants, entertainment and service uses that work in today's retail environment,” Wise tells GlobeSt.com. “We are aggressively marketing both centers and we're also setting up meetings with targeted users at the upcoming ICSC RECon event in Vegas, which attracts as many as 50,000 retailers, developers, managers and other key players in retail from throughout the nation and the world.”
Town Center Colleyville, which benefits from an accessible and visible location in a dense trade area with affluent incomes, is a 246,3070-square-foot lifestyle center located at 5605 Colleyville Rd. The center is anchored by upscale grocer Market Street and entertainment concept Studio Movie Grill. It includes a 6,600-square-foot Pet Supermarket junior anchor.
The center also features a number of restaurants, including Gloria's, Celebrity Bakery, Luna Grill, Costa Vida, McAlister's Deli and Loveria Caffe. Specialty concepts include Brazos Running Co., Austin Lorin, Art Impressions and Take 5 Birkenstock. Services include Sola Salon, Great Clips, Massage Envy, Castle Nail Spa, Rooster's Men's Grooming, FedEx Kinko's and First American Title.
“The center features prominent spaces that are available for lease, and we also are targeting full-service restaurants for a high-profile end cap space,” Miller said.
Ridglea Village is a 112,117-square-foot historic property located at 6100 Camp Bowie Blvd., a major thoroughfare well known for its red brick facade and proximity to some of Fort Worth's landmark neighborhoods and Cultural District. The center, originally developed in the 1940s, features Spanish-style architecture, balconies and clay-tile roofs. Key tenants at Ridglea Village include Haltom's Jewelers, La Madeleine, Campisi's Italian, R Taco, Little Lily Sushi, FedEx Office, Honeycomb Salon & Colorlab, Eurospa and MetroPCS.
The property also has a second level that is home to office and medical office space. Wise noted that the center is getting attention not just from retail space users but office users who are interested in the second-floor executive office suite space.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
