{"id":1004122102,"date":"2015-06-26T12:12:07","date_gmt":"2015-06-26T20:12:07","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=353739"},"modified":"2020-04-29T22:49:11","modified_gmt":"2020-04-30T06:49:11","slug":"overtenanted-frisco-retail-center-to-branch-out","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/overtenanted-frisco-retail-center-to-branch-out\/","title":{"rendered":"Overtenanted Frisco Retail Center to Branch Out"},"content":{"rendered":"

By Liviu Oltean, Associate Editor<\/em><\/p>\n

Back in 2011, when Whitestone REIT<\/a> announced that it had closed on the Shops at Starwood in Frisco, the\u00a0Class A, 55,385-square-foot retail center\u00a0was 98 percent leased. With a multitude of tenants never a problem,\u00a0the center\u00a0now stands at full occupancy.<\/p>\n

\"Shops<\/a><\/p>\n

Shops at Starwood in Frisco<\/p>\n<\/div>\n

No wonder the adjacent 2.73-acre parcel\u00a0is now making headlines. According to the Dallas Business Journal<\/em><\/a>, Whitestone will add 24,000 square feet of restaurant and retail space and 8,600 square feet of office space to the center. Completion has been slated for the first quarter of 2016.<\/p>\n

Seeing that the retail center is located at 6959 Lebanon Road\u2014 only half a mile from upscale neighborhoods such as Starwood, Chapel Creek and Stonebriar Park\u2014 and that the retail market in Dallas started off the year with a bang, Whitestone\u2019s decision comes as no surprise. Recent CBRE research data showed that the Dallas market experienced the highest net absorption rate for the first quarter in the last 10 \u00a0years, and it also reached an all-time high in terms of retail occupancy at 92.4 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"

Back in 2011, when Whitestone REIT announced that it had closed on the Shops at Starwood in Frisco, a Class A, 55,385-square-foot retail center and on an adjacent 2.73-acre parcel, the REIT had no idea how much of a problem occupancy will be.<\/p>\n","protected":false},"author":1158,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21742],"tags":[],"class_list":["post-1004122102","post","type-post","status-publish","format-standard","hentry","category-dallas","category-latest"],"acf":[],"yoast_head":"\nOvertenanted Frisco Retail Center to Branch Out - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/overtenanted-frisco-retail-center-to-branch-out\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Overtenanted Frisco Retail Center to Branch Out\" \/>\n<meta property=\"og:description\" content=\"Back in 2011, when Whitestone REIT announced that it had closed on the Shops at Starwood in Frisco, a Class A, 55,385-square-foot retail center and on an adjacent 2.73-acre parcel, the REIT had no idea how much of a problem occupancy will be.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/overtenanted-frisco-retail-center-to-branch-out\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-06-26T20:12:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-30T06:49:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Shops-at-Starwood-in-Frisco.jpg\" \/>\n<meta name=\"author\" content=\"Liviu Oltean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/overtenanted-frisco-retail-center-to-branch-out\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/overtenanted-frisco-retail-center-to-branch-out\\\/\"},\"author\":{\"name\":\"Liviu Oltean\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/a12696609e74785a9cb5f8f7eae8bbd0\"},\"headline\":\"Overtenanted Frisco Retail Center to Branch Out\",\"datePublished\":\"2015-06-26T20:12:07+00:00\",\"dateModified\":\"2020-04-30T06:49:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/overtenanted-frisco-retail-center-to-branch-out\\\/\"},\"wordCount\":185,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/overtenanted-frisco-retail-center-to-branch-out\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/06\\\/Shops-at-Starwood-in-Frisco.jpg\",\"articleSection\":[\"Dallas\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/overtenanted-frisco-retail-center-to-branch-out\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/overtenanted-frisco-retail-center-to-branch-out\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/overtenanted-frisco-retail-center-to-branch-out\\\/\",\"name\":\"Overtenanted Frisco Retail Center to Branch Out - 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