DALLAS–The Lebanon Ohio Center in Frisco, TXhas changed hands. The retail complex was sold by LandPlanDevelopment Corp. to Los Angeles-based ShayanHoldings. The purchase price for the 29,200-square-footshopping center was not disclosed.

“Lebanon Ohio Center is an interesting asset because it is justoff of Preston Road by about a block, tenants can capture thehigh-end Frisco shopper without paying Preston Road rental rates,”says CBRE's Jennifer Pierson.

Jennifer Pierson as well as Beth Piersonrepresented LandPlan Development.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.