DALLAS-Jones Lang LaSalle has picked up a valuable Texas retail portfolio totaling more than 1 million square feet.
The real estate firm was chosen by Inland American Retail Management LLC and Inland Diversified to manage leasing of seven retail centers in North Texas, and the firm is working to expand its retail presence, according to a report in the Dallas Business Journal.
The acquired portfolio, which includes McKinney Towne Crossing, is reportedly nearly 95% occupied.
Taylor and Robin Smith of Jones Lang LaSalle will lead the team on the portfolio assignment, which came about due to a longstanding relationship the duo had with the landlord.
Click Dallas Business Journal to read the full story.
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