The buyer is a limited partnership assembled by Cencor Realty Services. The property is situated at the northeast corner of Texas 121 and Paige Road, a rapidly growing development corridor north of Dallas.

Home Depot will take up 14.5 acres of the project, with Cencor developing additional retail space at the site. Home Depot, founded in 1978 in Atlanta, owns more than 1,000 home improvement stores in the US, Canada, Puerto Rico, Chile and Argentina.

Brian Glaser with The Weitzman Group's Commercial Retail Division has brokered the land sale in conjunction with Rex Glendenning of Rex Real Estate. The seller is an unidentified partnership. Glaser also has negotiated the Home Depot transaction.

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