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New owner for McKinney shopping center


Dallas-based owner buys a high-profile McKinney shopping center
McKinney Marketplace is on U.S. 75 near S.H. 121.
McKinney Marketplace is anchored by a Kohl s department store.(JLL )
A high-profile North Texas shopping center has changed hands.
The McKinney Marketplace retail center is on U.S. Highway 75 in McKinney. Built in 2000, the almost 119,000-square-foot property is anchored by a Kohl’s department store and is more than 96% leased.
Other retailers in the center include Dollar Tree, Cato and Wendy’s. There’s also an adjacent Albertson’s supermarket that’s under different ownership.
The McKinney Marketplace trade area has experienced exponential growth and densification over the past 19 years with continued projected growth,” according to property broker Jones Lang LaSalle. “Since 2000, the population of the McKinney Marketplace’s trade area has grown 360%.” ....

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Deal Ticker: California Investment Firm Takes Space in Harwood District


Deal Ticker: California Investment Firm Takes Space in Harwood District
Plus: Massive industrial lease signed at Denton Crossing, a $63 million multifamily development heads to Keller, YPI completed its first retail investment, and more.
California-based 
Canyon Partners, a leading alternative investment firm, will open a new office at Harwood No. 2. Andy Leatherman and Brad Selner of JLL negotiated the lease with Hannah Waidmann and Kelly Whaley of Harwood International. Leatherman, a managing director at JLL, called the deal a “big win for the region offering positive impacts within both the business community and the broader community.” Dallas law firm Haynes and Boone is also moving into the district’s new 27-story office tower on Harry Hines Boulevard.   ....

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Pandemic didn't slow sellers' real estate market


Pandemic didn t slow sellers real estate market
Southeast Minnesota Realtors annual market review showed that while the pandemic slowed things some in the spring, it did not change the overall seller s market seen in the past few years.
Written By: Jeff Kiger
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Coltan Stein-Tronnier and Marianne Aras found a home they liked in Kasson after struggling to find what they wanted in Rochester s tight housing market . January 21, 2021. (Ken Klotzbach/[email protected])
Trying to find a house in the Rochester area in 2020 for around $250,000 was “really rough” for a young couple shopping for their first home.
“Coltan and I tried our hardest to find something in Byron or Rochester . . . It was really hard to find something in our price range,” said 28-year-old Marianne Aras. ....

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