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Texas  + Dallas-Fort Worth  + Retail  | 

The Woodmont Co. Negotiates 50,000 SF Sublease for Hobby Lobby in Frisco, TX

The Woodmont Company, a Dallas-based real estate firm specializing in the development, management, leasing, and sale of retail properties, represented Hobby Lobby in a sublease to Dick’s Sporting Goods for a 50,000-square-foot building located at 5550 Preston Road in Frisco, TX.

Evan Bloom of The Woodmont Company represented the sublessor Hobby Lobby.  The subleasee, Dick’s Sporting Goods, was represented by Edge Realty, Megan Trimble and Greg Bracchi.

The Woodmont Company has developed more than 14 million square feet of retail real estate throughout the United States with a value of more than $4 billion and currently owns, manages and/or leases more than 23 million square feet of shopping centers.

“During the past few years, we have seen a resilient retail industry continue to evolve,” said Evan Bloom, senior vice president for The Woodmont Company.  “Occasionally subleases can be challenging.  In this case, brokers for both parties worked hard to close this deal.”

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About Erik Hamilton

Erik Hamilton, who has more than 15 years in CRE journalism, is a former staff writer with the Los Angeles Times and the Orange County Business Journal. In addition to The Times and the OCBJ, he was also a reporter and editor for Crittenden Research, The San Bernardino Sun and UPI. Erik also worked six years in CRE public relations with Los Angeles-based Hoyt Organization, where he was a Senior Account Executive. He later joined Lee & Associates where he served as the Director of Corporate Communications. There ,in addition to his work with Lee’s CEO, he managed 57 offices nationwide and provided PR, social media and media training for the offices. A graduate of UC Irvine, with a BA in history, he is an avid record collector where he continues to search for a rare Joy Division single.

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