SOLD
Phillips Edison Acquires Lake Pointe Market Retail Center In Rowlett, Texas
6702 Dalrock Road
Retail
40,589 SF
40,589 SF
Sold 247 days ago
Summary
Sale
TEXAS
Retail
40,589 sqft
A retail center located at 6702 Dalrock Road in Rowlett, Texas, has been sold. The property, known as Lake Pointe Market, spans approximately 40,589 square feet and is situated in a strategic location near major highways and schools. The center is anchored by Tom Thumb and features a diverse tenant mix.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 6702 Dalrock Road, Rowlett, Texas
- Market: Rowlett
- Asset Size: 40,589 square feet
The buyer of Lake Pointe Market is Jeffrey S. Edison, representing Phillips Edison. The seller in this transaction is Main Street Investment Company. The deal was facilitated by Adam Howells, Chris Gerard, and Megan Babovec from JLL, who served as brokers during the transaction.
JLL Capital Markets successfully completed the sale of Lake Pointe Market to Phillips Edison. With its prime location and diverse tenant mix, the retail center presents a lucrative investment opportunity.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Adam Howells, Chris Gerard, Megan Babovec & Jeffrey S. Edison
DATE: 08/29/2023
ADDRESS: 6702 Dalrock Road
MARKET: Rowlett
ASSET TYPE: Retail ~ SF: 40,589
BUYER: Jeffrey S. Edison - Phillips Edison (@Phillips.Edison)
SELLER: Main Street Investment Company
BROKERS: Adam Howells, Chris Gerard & Megan Babovec (@MeganBabovec) - JLL (@JLL)
NOTE: JLL Capital Markets has completed the sale of Lake Pointe Market, a retail center in Rowlett, Texas, to Phillips Edison. The center, anchored by Tom Thumb, boasts a diverse tenant mix and is strategically located near major highways and schools.View on map
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Address6702 Dalrock Road
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