Thursday, August 08, 2013

McKinney Shopping Center Sells to Investors

A busy shopping center north of Dallas in McKinney has been purchased by a European investment fund.
The Custer Star Center at Custer Road and Eldorado Parkway was built by UCD Development.
The 200,000-square-foot retail center is anchored by a Kroger supermarket and Petco.
“We started it during the recession and its done very well,” said developer David Dunning. “It’s 97 percent leased.
“The project is located in a high-growth area.”
Read more at: Dallas News
Author: Steve Brown