Venture Commercial Real Estate has completed four separate leases to secure tenants for Grand Prairie Corners, a new retail development at the southeast quadrant of State Highway 161 and Mayfield Road in Grand Prairie. The developer, NDC Holdings, broke ground in November on the site, which is adjacent to the 290,000-square foot IKEA that is scheduled to open in mid-December.
John Zikos and Amy Pjetrovic with Venture represented NDC Holdings in lease negotiations with Mattress Firm, Jason’s Deli, Ideal Dental and Artisan Nail Spa, which will occupy a total of 13,600 square feet of retail space in the two buildings.
The three-acre Grand Prairie Corners site is part of a planned 50-acre mixed-use development at the same intersection that will include residential, hotel and retail space. This site is owned by TA Land Fund, also a Venture Commercial client.
“The Venture team is proud to be a part of the first retail to be delivered at this highly coveted intersection,” said Pjetrovic, CCIM, a partner with Venture. “Working with NDC Holdings and TA Land Fund, we are actively seeking additional users to round out the offerings along this hot new SH-161 corridor.”
Mattress Firm, Jason’s Deli, Artisan Nail & Spa, and Ideal Dental were represented by David Fazio with The Retail Connection; Kevin McIntosh with KMAC Group; Cindy Dunn with CJ Dunn Commercial, LLC; and Evan Reynolds with Dental Space Advisors, respectively.
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 venturedfw.com.