X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

COLLEYVILLE, TX-Realty Capital Corp. of Grapevine is in the midst of talks with several tenants for two mixed-use Main Street buildings, totaling 62,000 sf, that have just broken ground in Colleyville. Completion is set for summer 2002.

To date, the Villages at Colleyville buildings are 25% pre-leased to high-end retailers, Tom Wouters, Realty Capital’s vice president, tells GlobeSt.com. The $11-million undertaking has Chelsea Lane clothing, RSVP stationery and accessories and Barrio Antiqua furniture signed for the 40,500-sf 55 Main St. The developer’s 85 Village Lane, a 21,500-sf building, has signed Elixir Spa and Daymaker and Owl’s Nest, a toy retailer. Wouters says a deal is nearing a closing with a custom builder for one of the villas.

Each building contains ground-floor retail and upper-floor office and residential components. No specific sf has been dedicated to the upper-level mix. “We just know from the interest we’ve received from the community that we will have a mixture in each building,” says Wouters. He predicts stabilization in 12 months to 18 months for the latest projects for the Villages at Colleyville.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. NET LEASE Awards 2020Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.