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Texas  + Dallas-Fort Worth  + Office  | 
Allen Exchange

Gillett Spins Off 72K-SF Allen Mixed-Use Project

Citadel Partners completed the sale of three buildings at Allen Exchange in the newly completed three-building, 71,920-square-foot flex development. Located at the northeast corner of Exchange Parkway and U.S. Highway 75 in Allen, the project features space designed for office, medical and showroom users. Gillett Commercial developed the project.

Citadel Partners’ Katherine Pool and Mac Morse led the leasing and sales efforts for the project.

The largest building is 50,864 square feet and was acquired by Texas Star Pharmacy. Jason Claunch with Catalyst Commercial represented the buyer.

The second building, the 220 Exchange, is over 10,600 square feet and was purchased by Well Go USA Entertainment, a global distributor of action and independent films. Dave Peterson with NAI Robert Lynn represented the buyer. 

The third building sold, 240 Exchange, totals over 10,500 square feet. Clearstone Dental is leasing part of the building, and Citadel Partners has been hired to lease out the remaining 7,500 square feet. 

What’s next for multifamily development and expansion in Texas? Hear from major developers—including leadership from Ryan Companies, Lument, GSP, Zonda, Daniel Management Group, CSSI, PGIM, Transwestern, Regions Bank, and many more —as they share what’s driving the pipeline, strategies, overcoming delays, and setting the pace for what’s ahead at Connect Texas Multifamilywww.ConnectTXMF2025.com | EVENT DATE: Thursday, August 28th | VENUE: The Joule, Dallas

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition