Dallas firm buys Pearland shopping center
Dallas-based Dunhill Partners has purchased the Center at Pearland Parkway I, a fully occupied retail center at FM 518 and Pearland Parkway in eastern Pearland. The 167,704-squarefoot center, which opened in 2014, was developed by Stream Realty Partners and Dallasbased Thackery Partners. Tenants include Ross Dress
for Less and T.J. Maxx. Rusty Tamlyn and Ryan West of HFF represented the seller. A second phase of the center, anchored by Academy Sports + Outdoors, was not part of the sale. New tenants in Phase II include Bath & Body Works, First Watch, MidiCi Pizza, Amazing Lash and Salata. KorMex Properties has purchased 40,000 square feet of land on Eagle Drive north of Langston
Boulevard and the future H-E-B retail development in Mont Belvieu as the site of a Taco Bell. Shaw Commercial Properties represented the seller, the city of Mont Belvieu, and CAC Reaty represented the buyer. Opening is targeted by April. Pearland Corners Shopping Center, a 37,548-squarefoot center at 1635 E. Broadway in Pearland, has changed hands. Jerry Goldstein of Marcus & Millichap represented the seller.
MedExpress has leased 25,722 square feet in Brazos Town Center at U.S. 59 and FM 762, Rosenberg, from NewQuest Properties. Bob Conwell of NewQuest Properties represented the landlord. Stephen Tou and Zachary Hoffer of the Retail Connection represented the tenant.