Venture arranges sale of 11,000 SF Allen Exchange

Nov 11, 2015

Venture Commercial Real Estate’s Investment Sales team has facilitated the sale of Allen Exchange, an 11,070 square-foot multi-tenant retail center located at the northwest quadrant of W. Exchange Parkway and U.S. Highway 75 in Allen, Texas. 

Tenants in the center, which is situated in front of the Walmart Supercenter and across from Texas Health Presbyterian Hospital of Allen, include Einstein Bros. Bagels, Allen Institute of Dentistry, Jersey Mike’s Subs, Glee Nail Bar and Fuzzy’s Taco Shop. In addition to brokering the sale, Venture Commercial represented the owner on the initial leasing of the retail project to 100%.

John Zikos, Jonathan Cooper, Christopher M. Gibbons and Don Miller of Venture’s Investment Sales team represented the seller, Hampton Properties and AEC Exchange, LLC. Jim Gibson of Stan Johnson Company’s Houston office represented the buyer, TSM Ventures, Inc.

“We are pleased to have assisted in the sale of another high-profile, high-quality income-producing asset located in this highly trafficked area of Allen,” said John Zikos, a partner at Venture Commercial.

About Venture Commercial 

Venture Commercial Real Estate, celebrating 15 years, is recognized as a leader in retail brokerage services throughout the Southwest for its dedication 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 venturedfw.com.