January 27, 2021
Triten Real Estate Partners (TREP) has actually finalized its purchase of Market Square Shopping Center in Plano. Market Square Shopping center contains 300,000 square feet of previous outlet mall space set on 26-plus acres in a Possibility Area.
The previous owner, Matthew Loh, was represented by Daniel Eng and Calvin Wong of ENGVEST, while Store Firms’ Dan Zeltser represented the purchaser. The Loh family members has actually had deals to acquire in the past but held back till the best purchaser with the best principle was located.
Triten Realty has already started the design procedure. Significant items of the project will certainly consist of uniquely created metropolitan living units, creative office as well as walkable restaurants, and also retail developed with intent to house special chef-driven eating and also first-to-market ideas.
“Instead of take down structures to build new, we wish to accept the tradition and repurpose the existing structures,” said TREP founder Scott Arnoldy.
For comments, concerns or issues, please get in touch with Paul Bubny