PLANO, Texas (June 23, 2015) – PIERSON Retail Advisors (PRA) announces the sale of Ruisseau Village, a 124,567-square-foot shopping center. Shadow to Burlington Coat Factory, the Property is at the northwest corner of West Parker Road and North Central Expressway (US Highway 75) in Plano, Texas. PRA represented the seller, West Plano Retail, LLC. A California buyer purchased the asset for an undisclosed price.
Located at 3303 N Central Expressway, Ruisseau Village is located at the northwest corner of West Parker Road and North Central Expressway in Plano, the fourth largest city in North Texas.
“Ruisseau Village is a fascinating story. The seller purchased the property three years ago and completely transformed it with new facades, a new roof, new signage and new tenants. He also changed the access to the property from Central Expressway.” said Jennifer Pierson of PRA. “This was truly a win, win story, not only for both the buyer and the seller but also for the city of Plano.”
Jennifer Pierson and Beth Pierson of Pierson Retail Advisors in Dallas arranged the sale.