A partnership controlled by Dallas-based real estate developers ‘Roger Gault of Gault Co. ‘and ‘Robert Gunby’ of RTG Capital LLC has sold Phase II of Willow Bend Commons.
The newly constructed, 6,000-square-foot retail property is located at 1885 Dallas Parkway in Plano and building is currently leased to Verts Mediterranean Restaurant and Ideal Dental.
The partners purchased a 5.2-acre site from Costco about 2 years ago for the development.
Phase I was a 14,000-square-foot retail center that was 100% leased upon completion, and subsequently sold in 2015. Present tenants of Phase I include Torchy’s Tacos, Shell Shack, Jersey Mike’s Subs, LA Bikini, Wok Box and Salada. In addition to the retail center, one pad site was sold to Randolph-Brooks Federal Credit Union, whose facility also opened in 2015.
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