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TexasRetail

Vision Commercial Real Estate closes key purchase, several lease negotiations for retail strip in Saginaw

April 3, 2024
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Photo courtesy of Vision Commercial Real Estate.

Vision Commercial Real Estate vice president Barrett England completed a purchase and several lease negotiations at 1005 N. Saginaw Blvd., in Saginaw, Texas.

England assisted developer Blazing Hospitality in the purchase of a .98-acre tract that was home to a run-down metal building. The developer worked with the city to take advantage of a Chapter 380 Economic Development Agreement to aid with the demolition of the previous building to make way for a new 8,000-square-foot commercial strip that is already leased to several new tenants. Construction is expected to be completed in early Q3 2024.

After the purchase, Vision Commercial’s England and  Director Jack Sclafani took over leasing efforts and quickly inked deals with Tim Hortons Coffee, Bakery, and Café, Firehouse Subs and LiquorLand. There’s one opportunity left to join these name brand tenants in an in-line, 1,250 SF space.

In lease negotiations, Kendall Graff with Woodmont represented Firehouse Subs. Tim Hortons was represented by Max Keffer and Alden Harris of SHOP Companies.

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