The Temple, TX center will be anchored by an 84,000-sf Albertsons grocery store, with the balance of the space dedicated to specialty retail. The center, which also has available pad sites, will be constructed on eight acres of a 14-acre plot that Trammell Crow bought Oct. 13. Albertsons acquired the eight-acre parcel in a recent transaction, with Trammell Crow holding onto the balance for future development. There are no immediate plans for the remainder of the site at the intersection of Loop 363 and Adam's Ave., GlobeSt.com has been told.
A decision is pending on a general contractor for the project, says Charlie Northington, one of two Trammell Crow brokers representing Albertsons in the land sale and project implementation. MDN Architects of San Antonio has designed the retail center.
The center, which will deliver in late fourth quarter 2001, fronts Loop 363 and backs up to vacant land that abuts a high-end residential development. The property is positioned within a mile of two country club developments and the Mary Harden Baylor University.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.