A former Toys R Us property sits on 4.5 acres with strong visibility at a high traffic intersection.
McALLEN, TX—With significant redevelopment potential, a former Toys R Us property sits on 4.5 acres and maintains strong visibility at a high traffic intersection in addition to being adjacent to La Plaza Mall, a popular shopping destination in the Rio Grande Valley. Located at 1101 W. Expressway 83, the 45,500-square-foot box became available when Toys R Us ceased operations after declaring bankruptcy earlier this year.
Murdoch Capital LLC and Parkway Partners, two Houston-based privately held real estate investment companies, formed a joint venture for the acquisition and redevelopment of the former Toys R Us.
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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.
