facebook
Traded Co logo
Submit
Daily limit: 0/10

Mike Berry And Guy Grivas Of Hillwood Lease Retail Space To Tom Thumb In Argyle

Property Image
LEASED

Texas

See Similar Deals
Retail63,000 SF
Leased 01/29/2025
the dealdetailscomps
Property Image
LEASED

Mike Berry And Guy Grivas Of Hillwood Lease Retail Space To Tom Thumb In Argyle

Retail63,000 SF
Leased 01/29/2025
the dealdetailscomps

Summary

Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:63,000 SF
Transaction Type:Lease

The property involved in this transaction is a retail asset located at 1046 Market Way in Argyle. The asset encompasses a total of 63,000 square feet, designated for a Tom Thumb store that is currently under construction. The store is slated to serve as the anchor for the upcoming Harvest Town Center, within a broader retail development measuring 138,000 square feet. The center aims to cater to nearby residential communities and will house additional tenants including McDonald's, Chick-fil-A, and Chase Bank.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 1046 Market Way
  • Market: Argyle
  • Asset Size: 63,000 SF
  • Landlord: Mike Berry & Guy Grivas - Hillwood; Bob O’ Brien & Jason Lillard - Ridgemont Construction Co.
  • Tenant: Tom Thumb

The deal involves multiple key individuals and companies. The landlords, Mike Berry and Guy Grivas, represent Hillwood in this transaction, while Bob O'Brien and Jason Lillard represent Ridgemont Construction Co. The tenant, Tom Thumb, is establishing a new store that contributes to the development's objective of enhancing local retail offerings.

Details

LEASED
IMAGE: Mike Berry, Guy Grivas, Bob O’ Brien & Jason Lillard DATE: 01/29/2025 ADDRESS: 1046 Market Way MARKET: Argyle ASSET TYPE: Retail ~ SF: 63,000 LANDLORD: Mike Berry & Guy Grivas - Hillwood; Bob O’ Brien & Jason Lillard - Ridgemont Construction Co. (@Ridgemontcc) TENANT: Tom Thumb (@TomThumbTX) NOTE: Construction has begun on a 63,000-square-foot Tom Thumb store in Argyle, set to open in spring 2026 as the anchor of the Harvest Town Center. The center, part of a larger 138,000-square-foot retail development, will cater to nearby residential communities with additional tenants including McDonald's, Chick-fil-A, and Chase Bank.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$3,611,121.98

Total Lease Value

$36,111,219.83

Net Landlord Cash Flow$3,611,121.98