The Albertsons site includes the 63,124-square-foot retail property located on 6.46 acres.
ARLINGTON, TX—Investor activity throughout the Dallas-Fort Worth metroplex continues to rise and the region's sustained growth, both in new jobs being delivered and new residents coming to North Texas, as well as the state's strong economic fundamentals, are major attractors for prospective investors. So says JLL vice president Caroline Binning, who provided sale and marketing efforts for a recent disposition of the Albertsons grocery store located at 6220 Highway 287 Frontage Rd.
The sale of the site includes the 63,124-square-foot retail property as well as the 6.46 acres on which it is situated. The price was undisclosed.
JLL Capital Markets managing director Matthew Berres and Binning led sale and marketing efforts on behalf of the seller.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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.
