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Kroger Buys 14 Acres at Burgeoning Little Elm Intersection
Davidson Bogel Real Estate (“DB2RE”) brokered a deal where Kroger acquired a 14-acre property in Little Elm, Texas from local investment firm Dollar-Flowers Realty Partners. Little Elm is north of Dallas.
The 14-acre site is located at US 380 and FM 2931.
Edward Bogel, Ryan Turner, and David Davidson Jr. of Davidson Bogel represented Kroger in the transaction. Dollar-Flowers was represented internally by Stewart Flowers.
Kroger’s acquisition follows a recent announcement last year that Weber & Co. had purchased 22 acres of land at the same intersection for a 225,000 square foot, Target-anchored retail center, called Bates Towne Crossing.
Earlier this year, GBT announced their plans to develop a Sprouts-anchored shopping center on the northeast corner of the intersection.
HEB owns the land directly west of the future Target but has not released timing for developing the land.
- ◦Sale/Acquisition
