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PLANO, TX-A Plano entrepreneur has subleased a 63,000-sf Minyards, dark for two years at the northwest corner of 14th Street and Jupiter Road in East Plano. Lovejoy Enterprises Inc. has signed for the 17-year balance to convert the asset into a multi-tenant retail site.

Tim Hughes of Falcon Realty Advisors of Plano brokered the sublease between the Dallas-based Minyards and Lovejoy, which is eyeing an opening before the holiday shopping season begins. The single-tenant store will be outfitted with “mom and pop” retailers, all dealing in new merchandise, just like a Service Merchandise building in Garland that Lovejoy set up and sold, Hughes tells GlobeSt.com.

Minyards closed the store within two years of opening it at the 14th Jupiter Place, a 99,800-sf center owned by John Parks of Dallas. Lovejoy’s retail mix will run the gamut from a dry cleaners to apparel to hard goods. Built in 1997, the 85%-leased shopping center sits on about 9.8 acres and had been on the market for $11 million.

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