Retail Sales Pitches Close Off About 23,000 SF in Five DFW Centers

Pepper Square in North Dallas nailed down two new tenants. Total Concept Inc. took 2,016 sf in a pact structured by Dan Shoevlin and Vaughn Miller, both of Dallas-based Henry S. Miller Commercial Co., who negotiated on behalf of the building owner, Pepper Square Partners. The leasing duo also signed dentist Robert A. Weinstein to 1,996 sf in the center's second phase at 14856 Preston Rd. Vicki Whitmer of Coldwell Banker Commercial represented the tenant.

Come Dec. 1, an 8,928-sf dialysis center will open at 1006 N. Carrier Parkway in Grand Prairie. Henry S. Miller Commercial's Jim Turano closed the deal for the dialysis operator while Merrell Moore, an independent broker, spoke for the building owner, Rader Properties of Dallas.

Central Forest shopping center at 11613 N. Central Expressway is getting a Chipotle Mexican Grill Inc. in a 2,600-sf signing. The plan is to open before the month ends. Mark Hajdu of Henry S. Miller handled talks for the building owner, Central Forest Shopping Center Partners Ltd. Ken Reimer of Venture Commercial represented the tenant.

The Towne North Shopping Center at 3567 N. Belt Line Rd. in Irving also landed two newcomers: Fantastic Sam's, 1,300 sf and Max Dollar Store, 3,884 sf. Shoevlin handled the deals for the building owner, Towne North Shopping Center Partners Ltd. Ryan Hamilton of Henry S. Miller Commercial assisted Shoevlin in the talks.

In Fort Worth., Jason Miller of Property Advisers Realty Inc. in Irving renewed a 2,000-sf lease with 10-year tenant, Sally Beauty Supply, at the Alta Mesa Shopping Center at 3518 Alta Mesa Blvd. Miller represents the owner, Arag Bavari Investments Corp., a German firm that uses Metzler North America of Seattle to manage the asset. Michael Frazier of Sally's corporate real estate division handled the tenant's side of the talks.

The activity certainly reflects the overall theme of Dallas-based Weitzman Group's second-quarter analysis that the metroplex is relatively balanced in terms of supply and demand, with retail doing its part in the economic recovery. At the time of the report, the DFW occupancy was 89%, down two points from the end of 2001.