A press release put out by SRS Real Estate Partners announced the sale of 27 acres of land that will become The Center at Four Points, a mixed-use development located at Vista Parke Road and RM 620. The project will contain approximately 125,000 square feet of office space, a hotel, and multiple retail buildings and pad sites.
The release states the seller, GDF Realty Investments LLC, sold the property to a national real estate developer Feb. 6.
“An affiliate of The Ferber Company purchased the property and is pleased to announce the initial line up [of] Chick-fil-A, Discount Tire, Watershed Car Wash, Little Sunshine, Staybridge Suites, and IHOP as members of the development,” the release states, adding multiple businesses in the hospitality, restaurant, service and retail sectors are ready to become tenants within The Center at Four Points.
No timeline has been given for completion of the development.
Another retail development in the Four Points area, the 2222 Station Shopping Center at 10815 RM 2222, completed construction last year, a representative from Retail Solutions, a commercial real estate company representing the property, said. The shopping center counts Zoes Kitchen, Howdy Donut, Gideon Math & Reading, Poke Tea House, a salon, a spa and a physical therapy group among its tenants, and three spaces are still available for lease.