Thursday, July 18, 2013

The Shops of Highland Park has a New Owner

Dallas-based Stockdale Investment Group, a family-owned and operated real estate venture, has bought The Shops of Highland Park, from its original owner, Corrigan Properties Inc., for an undisclosed sum.
Corrigan was the original owner of The Shops of Highland Park and has owned the 45,000-square-foot retail property for more than 70 years.
"This shift in ownership should be seamless as we transition from one family-owned company to another," Leo CorriganIII">Leo Corrigan III, president of Corrigan Properties Inc., said in a written statement.
Leo Corrigan Sr. built the 42,000-square-foot retail property off Oak Lawn Avenue in the early 1940s. It has has undergone two major renovations since its original development. The property also includes a 50,000-square-foot parking lot and exterior.
The Shops of Highland Park is home to La Duni, Carbone's, Flywheel and The Dry Bar.
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Staff Writer-Dallas Business Journal