Southlake Town Square, where many national brands and retailers tend to open their initial locations in Tarrant County and sometimes North Texas, has three new tenants headed to the development.
Peloton, the in-home fitness and technology company, has committed to opening its first Tarrant County location in 2018 in Southlake Town Square. Founded in 2012, Peloton merged modern technology and fitness by providing access to live and on-demand fitness group classes led by elite New York City instructors.
Opening in the summer will be J. McLaughlin, the womenâs and menâs boutique known for its decades of classic designs, ands Scout & Mollyâs, a stylish womenâs boutique.
On the food side, Hopdoddy Burger Bar, the Austin-based burger sensation known for its all-natural, hormone-free burgers, will also open in Southlake Town Square this summer. In Southlake, Hopdoddy will work alongside local brewers to pair craft beer and burgers. Hopdoddy has locations in Dallas, Fort Worth and Euless. The name alludes to handcrafted beer (âhopâ) combined with the nickname for the native cow in Aberdeen, Scotland (âdoddyâ).
âProviding the right mix and selection of tenants is important to us,â said Jason Kasal, vice president, senior leasing director, south region with Retail Properties of America Inc. , which owns and operates Southlake Town Square. âBeing able to offer our shoppers the kind of brands that they want to be a part of, with the kind of products, experiences and food that they desire, is vital. We take our opportunity to build those brands into our offerings very seriously, and we are excited to hear our guestsâ feedback.â
Other national brands that have opened in Southlake Town Square recently include Madewell, American Threads, Evereve and Pandora.
Other changes taking place in Southlake Town Square include the expansion of the Apple store, the relocation of Michael Kors into a storefront next to Kendra Scott and new superchargers for electric vehicles.
ADDISON, KELLER GET HOTWORX
Sean Lockovich, an associate in the Retail Division at Henry S. Miller Brokerage LLC, represented Hotworx for leases in Addison and Keller. The Addison location is for 2,100 square feet at Prestonwood Court, 15250 North Dallas Parkway; the Keller location is at 967 Keller Parkway in a 1,750-square-foot space.
Both are expected to open in August. They are the third and fourth Dallas-Fort Worth area franchise locations; others are in Colleyville and Flower Mound. Hotworx projects more than 40 new franchise locations over the next five years in DFW, and it is starting to expand to Austin.
Hotworx is a virtually instructed exercise program created to provide infrared heat absorption during a 30-minute isometric workout or a 15-minute high-intensity interval training session. Hotworx is open 24 hours a day.
SALES
Westwood Group Development No. II LP sold its 7,800-square-foot building at Grapevine Station, 1058 Texan Trail in Grapevine, to JPA Capital LLC. Kenneth Wimberly with KW Net Lease Advisors represented the seller, Westwood Group Development No. II LP. Hanes Chatham and Tyler Maner with Stream Realty Partners represented the buyer.âŻ
LEASES
PGM of Texas LLC leased 24,450 square feet at 630 Avenue K in Grand Prairie.âŻLuke Davis and Sarah Ozanne with Stream Realty Partners represented the landlord, DRA Advisors.âŻ
Lennox Industries Inc. leased 11,180 square feet at Heritage Business Park 8, 1080 S. Kimball Ave. in Southlake.âŻBlake Kendrick, Ryan Boozer and Sarah Ozanne with Stream Realty Partners represented the landlord, Prologis. Andy Anderson with Anderson Commercial Real Estate Services Inc. represented the tenant.âŻ
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