The popular shopping block at 11661 Preston Rd. came to marketwithout an ask. "It was widely marketed. We had tons of interest,"Adam Howells, a Dallas director for Holliday Fenoglio Fowler LP,tells GlobeSt.com, "but the process was pre-empted by the buyer."The buyer of record is PFV Realty III LP of Dallas, but word israpidly spreading on the street that Crow Holdings is the newowner.

Howells says the takeover was a mix of debt assumption and arequirement that Dunhill first buy the one developed pad sitewithin the 10.5-acre development to make the deal whole. Once thePreston Village Animal Clinic went into the package, the long-timebusiness associates completed the hand-off. "The intention is todefease the debt and put on new debt," says Howells, who brokeredthe sale along with HFF managing director Jim Batjer.

The 97%-leased center is anchored by a Whole Foods alongsidenames like Ulta Cosmetics, MiCocina Restaurant, Genghis Grill,Hollywood Video and Ritz Camera. According to Howells, the leaserollover is minimal for the near term.