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Archives: September 2023

Indiana-based investor buys 160K-sf Addison retail center

​​ADDISON – A retail center built in the 1980s just sold to an Indiana-based investor. Located at Belt Line Rd. and Montfort Dr., the 160,000-sf Prestonwood Place is home to Chipotle, Pollo Tropical, Twin Peaks, Orange Theory Fitness, and office tenants. It is 94 percent leased. Kite Realty Group Trust purchased the 16-acre property. The previous owner was […]

3,000-acre Magnolia master-planned community to add 232 homes

MAGNOLIA – The 3,000-acre Audubon master-planned community will add 232 homes in its new Creekside South district, which is expected to break ground later this year. The new district will have 97 45-ft homesites, 59 60-ft homesites for patio homes, and 44 80-ft lots. Sitterle Homes and Newmark Homes will serve as builders for the project.​ read more…