DATE: 09/11/2024
ADDRESS: 1565 West Main Street
MARKET: Lewisville, TX
ASSET TYPE: Retail
BUYER: GDF Properties
SELLER: Centrium Prime Equity LP - Farid Sabounchi
BROKERS: Eric Deuillet & Michael Gonzalez - Structure Commercial
SALE PRICE: $14,069,133
SF: 115,160 ~ PPSF: $122
NOTE FROM BUYER: GDF Properties is thrilled to announce the acquisition of Gardens Park, a dynamic 115,160 sq ft retail center in Lewisville! :tada: As value-add investors, we’re seizing this incredible opportunity at $122 per sq ft—an investment we believe is packed with potential. We're confident in the area and can’t wait to dive into the process of transforming the center.
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