Plano shopping center sells to local investor

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Plano shopping center sells to local investor
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Breaking news and exclusive reporting about real estate, commercial development and housing trends in Dallas, Collin County, North Texas and beyond.

The Prestonwood Park retail center Park Boulevard near Willow Bend Mall in Plano has been purchased by an affiliate of Plano’s Amax Investment Co. The acquisition was financed with a loan from Midfirst Bank.The 163,341 square-foot shopping center was built in 2000 and has tenants including Sally Beauty, Aw Shucks restaurant, Jump Street Trampoline Park and Mama’s Daughters Diner.has been selling off its office and retail properties to refocus the company on self-storage investments.

have risen this year while purchases of other commercial properties have slowed. During the first half of 2023, more than $940 million in D-FW shopping centers changed hands.Southwest Airlines has a Trolls-themed plane — and it’s flying out of Dallas today

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