DALLAS--HFF has closed the sale of Plano Market Street, a 169,624-square-foot grocery-anchored shopping center in Plano. Phillips Edison Grocery Center REIT II Inc. acquired the center from Lionstone Investments.
Reps for HFF could not offer additional comments, but the firm brokered the sale of the property to the seller in 2013.
Anchored by Market Street, the 94.2-percent-leased center is home to a mix of national, regional and local tenants including Zoë's Kitchen, World of Beer, Toni & Guy Academy, Café Izmir and Hyena's Comedy Club.
Plano Market Street is situated on 17.74 acres at 1901-1941 Preston Road, at the southwest corner of Preston Road and Park Boulevard.
Senior managing director Doug Hazelbaker and managing director Ryan Shore led the HFF team representing the seller.
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