CBRE announced the sale of Expo Center, a 28,119-square-foot shopping center in Rowlett, Texas. The property is located at 3801 Lakeview Parkway and sits on 3.35 acres. A local Dallas private investment group purchased the property from Standridge Companies.
Jared Aubrey and Michael Austry represented the seller in the marketing and sale of the property.
Located along Lakeview Parkway just one mile east of Lake Ray Hubbard, the center is 100% leased to nine retail tenants, including Fresenius Medical Care, Golden Pot Chinese and Opa! Greek Taverna. The property gardened significant investor interest due to its replaceable in-place rents and limited competition as this is one of the few properties in the surrounding area that has full-service restaurant options.
