St. Louis-based Bianco Properties announced it has acquired North Garland Crossing Shopping Center located within northeast Dallas submarket of Garland. The shopping center is strategically positioned at the highly trafficked corner of North Garland Ave and President George Bush Turnpike, which serves as the primary retail intersection in the trade area. This 75,811 square foot center is shadow anchored by Super Target and includes national tenants Michaels, PetSmart, AT&T, and Starbucks. North Garland Crossing marks Bianco’s sixth retail acquisition over the past four years collectively valued at over $100 million.
“We are always looking for opportunities to acquire high-quality retail in the dynamic DFW market and we see North Garland Crossing as an excellent addition to our portfolio,” explained Josh Bacott, Vice President – Acquisitions at Bianco Properties. “Being ideally located within a retail hub that features Super Target, Walmart and numerous other regional anchors positions this center as a long-term destination for businesses looking to serve this growing region.”
In addition to Garland, Bianco’s Texas portfolio features properties in Arlington, Coppell, Farmers Branch, and North Dallas with over 270,000 square feet of retail. The company’s primary focus is retail and industrial investment opportunities with an objective to continue expanding its presence in key markets including Dallas-Fort Worth.