ARLINGTON, TX - PM Realty Group (PMRG), a national, full-service commercial real estate firm, recently brokered the sale of a grocery store-anchored retail center in Arlington, Texas for Tabani Group, Inc.
Known as Ensenada Square, the one-story retail center is located at 301 South Bowen Road. It encompasses 62,676 square feet of rentable space and rests on 5.5 acres of land. Ensenada Square's major anchor tenant is Kroger.
Stephannie Mower, PMRG's executive vice president and managing director of investment services, said the sale closed in late October. "Ensenada Square was attractive for many smaller investors because it offered a good location in a growth submarket," Mower said. "Furthermore, Kroger has national recognition and is a strong performer at the center. These factors not only made the center an attractive investment, but also made it a secure one."
PMRG provides leasing and property management services for the building. For information on leasing, contact Ed Schnieders with PMRG at (972) 680-0106.
About PM Realty Group
Headquartered in Houston, Texas, PM Realty Group (PMRG) is one of the nation’s leading real estate companies focusing on comprehensive property services, development and acquisitions. With a strategic presence in 30 markets, PMRG provides the highest quality services to its clients and investors. PMRG’s clients and investors include large financial institutions, advisors and high net worth individuals. By capitalizing on the team’s experience and expertise, PMRG has the ability to undertake large and challenging management, leasing, development and acquisition projects.
PMRG’s portfolio, including projects managed for third parties, includes commercial office buildings, mixed-use centers, corporate headquarters, industrial buildings, medical facilities, high-rise multifamily buildings and re-appropriated military facilities.
Our goal is to generate exceptional returns for our clients and investors by focusing on real estate fundamentals. For additional information, visit www.pmrg.com