JLL Capital Markets Facilitates Sale of Preston Stonebrook Retail Center in Frisco, Texas

Reuters

06-10

JLL Capital Markets Facilitates Sale of Preston Stonebrook Retail Center in Frisco, Texas

Jones Lang LaSalle Inc. $(JLL)$ has announced the successful sale of the Preston Stonebrook retail center in Frisco, Texas. This 53,553-square-foot property, built in 1997 and located at 7151-7227 Preston Rd., is 93% leased and features prominent tenants such as Plato's Closet, Emler Swim School, Dogtopia, and Horizon Hot Yoga. JLL's Capital Markets team, led by Senior Managing Director Adam Howells and Director Erin Lazarus, represented the seller, Venture Investment Partners. The center benefits from its prime location in one of Dallas's most vibrant growth corridors, with significant leasing momentum and strong local demographics. With average household incomes of $158,247 and a population exceeding 98,800 within a three-mile radius, the center presents substantial upside potential for its new ownership.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.

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This 53,553-square-foot property, built in 1997 and located at 7151-7227 Preston Rd., is 93% leased and features prominent tenants such as Plato's Closet, Emler Swim School, Dogtopia, and Horizon Hot Yoga. JLL's Capital Markets team, led by Senior Managing Director Adam Howells and Director Erin Lazarus, represented the seller, Venture Investment Partners. The center benefits from its prime location in one of Dallas's most vibrant growth corridors, with significant leasing momentum and strong local demographics. With average household incomes of $158,247 and a population exceeding 98,800 within a three-mile radius, the center presents substantial upside potential for its new ownership.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0054578231.USD","symbol_name":"BGF SYSTEMATIC SUSTAINABLE GLOBAL SMALLCAP \"A2\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250610:nNDL7k8k1N:1","article_id":"2542036925","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542036925","pubTimestamp":1749532213,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Jones Lang LaSalle Inc.  has announced the successful sale of the Preston Stonebrook retail center in Frisco, Texas. 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Jones Lang LaSalle Inc. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}