Venture completes anchor leases totaling 108,000 SF

Aug 24, 2016

Venture Commercial Real Estate announced it has completed five leases for landlord and tenant rep clients, totaling more than 108,000 square feet of anchor retail space across Texas.

“These deals show that the Venture team continues to excel at finding and creating opportunities in a very tight real estate market,” said Managing Partner Mike Geisler.

55,000 SF Hobby Lobby to anchor Mansfield Marketplace
Hobby Lobby Stores, Inc. has signed a lease to open a store in a 55,000 square foot anchor space in the Mansfield Marketplace shopping center located on the southwest corner of US Highway 287 and Broad Street. John Zikos with Venture Commercial, along with Edward Bogel and David Davidson, Jr., represented the landlord, 42 HL Mansfield, LP, in lease negotiations. Paul B. Burkhart with Concordia Equity, LC, represented Hobby Lobby. Hobby Lobby joins Kohl’s in the center.

Southlake’s Park Village adds Kirkland’s to tenant mix
Home décor retailer Kirkland’s signed a lease and has opened an 11,590 square foot store in the Park Village shopping center, located at the southwest corner of E. Southlake Boulevard and S. Carroll Ave. in Southlake. Tim Henson and Amy Pjetrovic with Venture represented the landlord, Excel Southlake I, LP. Greg Bracchi with EDGE Realty Partners represented Kirkland’s Stores, Inc. Park Village is an 186,000 square foot outdoor retail center with tenants including REI, Beauty Brands, Michaels, Sur la Table and Luke’s Locker.

Habitat for Humanity ReStore to open at Custer Creek in Plano
Habitat for Humanity of South Collin County has signed a lease to open an 18,000 square foot ReStore, a non-profit home improvement store and donation center, in the Custer Creek shopping center, located at 2060 W. Spring Creek Parkway in Plano. David Schnitzer, CCIM, with Venture Commercial represented the tenant in lease negotiations, while Roger Smeltzer with Vision Commercial represented the landlord, WC Custer Creek Center, LP.

NAPA Auto Parts to open fourth location in Fort Worth area
Venture’s Easley Waggoner, Jr., along with Michael Dearden, represented the landlord, a family trust in negotiations to lease a 15,080 square foot freestanding building located at 3021 Alta Mere Drive in Fort Worth to Genuine Parts Company to open a NAPA Auto Parts store. Chris Sacks and Jeff Kittleson with CBRE, Inc. represented the tenant.

Ovilla Road Plaza in Red Oak leases to Dollar Tree
Dollar Tree Stores, Inc. signed a lease and has opened an 8,443 square foot store in the Ovilla Road Plaza shopping center located at 132. E. Ovilla Road in Red Oak. Venture’s Mike Wilson represented the landlord, Apple Capital, LLC in lease negotiations. Jim Weir with The Retail Connection represented Dollar Tree. Dollar Tree joins other tenants at Ovilla Road Plaza including Anytime Fitness, Snuffer’s Restaurant & Bar, and Jackson Hewitt.
About Venture Commercial
Venture Commercial Real Estate is a leader in retail brokerage services throughout the Southwest and is dedicated to each client’s success. The company’s full-service real estate platform includes landlord and tenant representation, property management, land sales, disposition and investment sales. Venture also provides strategic market planning and site selection for restaurant and entertainment clients through its Venturetainment team. Venture is the D-FW partner of X Team International, a network of retail real estate advisors with expertise across the U.S., Canada and Europe. For more information, visit