Preston Creek Center Goes From ASG to RPD
The largest unanchored shopping center in North Texas was recently acquired by property investment firm, RPD Catalyst, from ASG Realty.
PLANO, TX—Preston Creek Shopping Center, a 79,730-square-foot retail center in north Plano, is one of the largest unanchored shopping centers in North Texas. The development was built in 2006 by ASG Realty.
The shopping center was recently acquired by property investment firm, RPD Catalyst, for an undisclosed price. The retail asset is located at 8300 to 8412 Preston Rd., just south of the intersection with State Highway 121. Several restaurants anchor the property, including Pei Wei Asian Diner, Modern Market, Cowboy Chicken, Turkish Café, Cristina’s Fine Mexican Restaurant and II Brothers Grill & Bar.
Chris Harden, Kris Von Hohn and Ryan Duffie of Cushman & Wakefield, as well as Samer Keilani and James Hankins of ACR Realty, represented the seller, ASG Realty. The buyer was self-represented.