Recent Retail Sales in Dallas

Real Estate remarks a measurable change in the market conditions prevailing in Houston. In September 2011, 57 retail properties were sold in the Dallas market, a slight decrease compared to the previous month. Close to 970,000 square feet were sold, a significant improvement over August. Some of the significant sales included: In September 2011 Iron Age Dallas Inc has purchased Asian North Town Center, a 165,000 square-foot community center located at 2625 Old Denton Road in Carrollton, Dallas County, from John E Savickas. The 28-year-old property is 76% occupied. The property is located on the South east corner of Mac Arthur Drive, to the east of Carter Drive and to the west of Old Denton Road. The retail building has access to Old Denton Road, Mac Arthur Drive and Carter Drive. The multitenant property was built in 1983. The Gross building area of the property is 171,826 square-feet and is situated on 0.72 acres. The property is unanchored and its tenants include Ihop #1409, Health Care Chiropractic, Fairway Travel American Express, 24 Hour Fitness #325, Asian North Town Center, Babins Myoptics, Bank Of America, Beneficial and Carrollton Police Store Front. Another significant sale from that month is the sale of 1201 W Centerville Rd, a 75,000 squarefoot retail center located at 1201 West Centerville in Garland, Dallas County. Garland Eastgate II LP, an entity of Provident Realty Advisors Inc has purchased the property from MDS Texas Realty I LP. The retail center is located to the north of West Centerville Road, to the east of Saturn Road and to the south of Market Place Drive. The property has access to Saturn Road, Marketplace Drive and West Centerville Road. The single-tenant building was completed in 1983. The Gross building area of the property is 74,776 square-feet and is situated on 6.96 acres. The 28-year-old property was vacant at the time of sale. John Zikos and Christopher Gibbons of Venture Commercial Real Estate represented the seller. Real estate decision makers need timely market data to make informed decisions. It provides insights regarding construction, proposed projects, absorption, and occupancy and rental rate trends. OConnor and Associates has been providing real estate data since 1988. Both internal and external clients regularly use our real estate market research. The Market Research and Consulting division of OConnor & Associates provides information necessary to make decision to commercial real estate professionals. Occupancy and Rental Data, ownership and management information are routinely gathered for four major land uses multifamily, office, retail and industrial. This information allows investors to compare competitive properties, facilitate business decisions and track market and submarket performance. In addition the data is useful to brokers who for example continually monitor Houston retail space leasing, Houston office space leasing, Dallas retail space leasing, Dallas Retail Space , Houston industrial space leasing, Houston apartments, Dallas apartments, Fort Worth apartments, Dallas Retail Lease Austin apartments, and San Antonio apartments.