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 5203-5233 Alpha Road
SOLD

JLL Closes Sale Of Muse Shops At Midtown In Dallas, Texas

5203-5233 Alpha Road

Retail
224,324 SF
clock iconSold 13 days ago
Megan Babovec
Adam Howells
Erin Lazarus
+ 2
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Summary

Sale
TEXAS
Retail
224,324 sqft

The Muse Shops at Midtown, a recently redeveloped retail center in Dallas, Texas, encompassing 112,162 square feet located at 5203-5233 Alpha Road, was sold in a transaction closed on 04/25/2024. The property's strategic location in North Dallas offers potential for value enhancement through additional lease-up opportunities. Over the past year, more than 70,000 square feet of new leases have been signed at this retail center.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 5203-5233 Alpha Road
  • Market: Dallas
  • Asset Type: Retail
  • Square Footage: 112,162

JLL Capital Markets represented the seller in the sale of Muse Shops at Midtown. The deal was facilitated by brokers Adam Howells, Erin Lazarus, Keenan Ryan & Megan Babovec from JLL. The property's appeal lies in its recent redevelopment and location in a bustling retail area of Dallas, Texas.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

Megan Babovec's profile picture
Megan Babovec
JLL-image
Investment Advisory Analyst
Adam Howells's profile picture
$30.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Adam Howells, Erin Lazarus, Keenan Ryan & Megan Babovec DATE: 04/25/2024 ADDRESS: 5203-5233 Alpha Road MARKET: Dallas ASSET TYPE: Retail ~ SF: 112,162 BROKERS: Adam Howells, Erin Lazarus, Keenan Ryan & Megan Babovec (@VMeganBabovec) - JLL (@JLL) NOTE: JLL Capital Markets announced the closure of the sale of Muse Shops at Midtown, a recently redeveloped retail center in Dallas, Texas, encompassing 112,162 square feet. JLL represented the seller in the transaction, highlighting the property's strategic location in North Dallas and its potential for value enhancement through additional lease-up opportunities, with over 70,000 square feet of new leases signed in the past year.

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