(For more retail coverage, click GlobeSt.com/RETAIL.)
HARLINGEN, TX-In its first area land play, Fort Worth-basedWoodmont Co. in partnership with National Retail Properties Inc. ofOrlando have acquired 3.12 acres for an estimated $6-million to$8-million retail development. The 32,000-sf Harrison Crossing willbreak ground in early 2007.
Woodmont associate Kyle Gill tells GlobeSt.com that thecontingency for the project's construction launch involved a strongpreleasing need. To date, three tenants are committed to thelocation at the corner of US Highway 77 and West Harrison Avenue,including a Walgreen's drug store and Starbucks.
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