Category : Encore Commercial

New Retail Development Announced in McKinney, Texas

Marketplace at Craig Ranch in McKinney, Texas Rendering

(Dallas, TX) October 10, 2017 – Encore Commercial, LLC recently announced the development of Marketplace at Craig Ranch, a new multi-tenant retail center located in McKinney, Texas. Construction on the 20-acre site is projected to be completed in late 2018 and will include over 61,000-square-feet of restaurant and retail space, plus five pad sites and one medical office building. The development is situated on the northeast corner of Stacy and Custer, within a 2,200-acre master-planned, mixed-use development of Craig Ranch. The site is will be anchored by a Walmart Neighborhood Market, anticipated to open in late 2018.

Retail A, a 10,000-square-foot building, is estimated to open in February 2018. The center will include an Avenue Nails Salon, a Fantastic Sams Hair Salon, and a Thrive Affordable Care Vet, as well as a pediatric dental office. A Freddy’s Frozen Custard and Steak Burgers, a Kwik Kar, a car wash, and a MedExpress Urgent Care clinic have also purchased pad sites along Stacy and Custer, along with a climate-controlled, luxury storage facility, intended for high-end items such as furs, fine wines, and jewelry.

“All that we have been able to accomplish with this site in the past year has been very rewarding,” said Mike Nelson, Encore’s Senior Vice President of Commercial. “We purchased this land back in 2014 when it was just an empty field with a Walgreens on the corner. Today, all the initial site work has been completed and we are moving forward with the vertical construction of the buildings.”

Known for its excellent schools, its historic downtown square, and its beautiful city parks, McKinney was named the best place to live in America in 2014 by Money Magazine, a publication by Time Inc. A city with a population over 170,000, the average household income is $132,179.

“Our hope is that by establishing this new development, we will be able to foster continued growth in this unique area,” stated Nicholas Barber, President of Encore Commercial. “We are gratified to have this opportunity to create something in a city so beloved by its locals.”

About Encore Commercial, LLC.
Encore Commercial, LLC is a subsidiary of Dallas-based commercial real estate firm, Encore Enterprises Inc. Encore Commercial focuses on the acquisition, ownership, redevelopment and asset management of retail shopping centers, single tenant retailers, and class “A” commercial office buildings across the United States. For more information, visit encorebz.wp.brainvire.dev/commercial.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a national real estate company with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and restaurants. For more information about Encore Enterprises, visit encorebz.wp.brainvire.dev.

Encore Commercial, LLC Announces New Multi-Tenant Center in Ardmore, Oklahoma

Ardmore Commons Elevation

(Dallas, TX) September 5, 2017 – Encore Commercial, LLC, a subsidiary of Dallas-based commercial real estate firm, Encore Enterprises Inc., has broken ground on a multi-tenant retail center, located in Ardmore, Oklahoma. Acquired in July 2017, the site is favorably located in close proximity to Interstate 35, and is anchored by Stage, Ross, and Petco. A space of 1,860 square feet with an option for a drive-thru is currently available, lending itself to many possibilities.

“Our goal is to usher in a new development that will be beneficial to the area,” stated Bharat Sangani, Chairman of Encore Enterprises.

Owned by Encore Restaurants, LLC, another division of Encore Enterprises, a Five Guys Burgers and Fries® restaurant will adjoin the available space, occupying 2,400 SF. This location will be Encore Restaurants’ 12th Five Guys in the state of Oklahoma and its 42nd location in the U.S, with other locations existing in California and Colorado.

“We project the Ardmore Five Guys will open in mid-December 2017 and will create approximately 40 to 50 new jobs in the area, something we are quite excited about.” said Dale Doerhoff, President of Encore Restaurants.

Located in south-central Oklahoma, Ardmore is considered to be a gateway city, greeting numerous vacationers and traveling businesspeople alike with its textbook small-town charm. Ardmore is a lively community of about 25,000 people and is also one of the primary centers for business and trade in the region.

“We are pleased with this new development,” said Nicholas Barber, President of Encore Commercial, LLC. “We expect that Ardmore Commons will be a valuable addition for both nearby residents and travelers passing through.”

About Encore Commercial, LLC.
Encore Commercial, LLC focuses on the acquisition, ownership, redevelopment and asset management of retail shopping centers, single tenant retailers, and Class A commercial office buildings across the United States. For more information visit encorebz.wp.brainvire.dev/commercial.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a national real estate company with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and restaurants. For more information about Encore Enterprises, visit encorebz.wp.brainvire.dev.

Gold’s Gym Announced as Anchor Tenant of South Congress Retail Development

Gold's Gym, Austin

(Dallas, Texas) May 31, 2017 – Encore Commercial, LLC, a subsidiary of Dallas-based commercial real estate firm, Encore Enterprises Inc., is pleased to announce that Gold’s Gym, the world’s most trusted fitness authority, will serve as anchor tenant of the South Congress Retail Development in Austin, Texas. The property is approximately eight miles south of downtown Austin off Interstate 35 at the intersection of Slaughter Lane and South Congress in Travis County.

The 38,000 square-foot gym will feature GOLD’S STUDIO™, offering boutique style group training programs like GOLD’SFIT™, GOLD’SBURN™ and GOLD’SCYCLE™ along with personal training services and all-access to a complete strength and cardio training floor. It will be the Austin area’s 18th Gold’s Gym location.

“The high visibility of the location and close proximity to the new HEB supermarket currently under development has resulted in interest from many strong retailers,” said Nicholas Barber, President of Encore Commercial, LLC.

In addition to the newly signed Gold’s Gym, tenants will include Pet Supermarket and Schlotzsky’s.

“We are excited about the opportunity to add Austin to the list of cities with Encore developments,” said Bharat Sangani, Chairman of Encore Enterprises. “We foresee a timely and smooth delivery on the project.”

Encore Commercial estimates to break ground on the development Summer 2017. Dave Burggraaf & David Simmonds of Retail Solutions represented the landlord. Daren Nix of Edge Realty Company & Daniel Taylor of CBRE represented the tenant.

About Encore Commercial, LLC.
Encore Commercial, LLC focuses on the acquisition, ownership, redevelopment and asset management of retail shopping centers, single tenant retailers, and class “A” commercial office buildings across the United States.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a national real estate company with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and restaurants.

About Gold’s Gym
Gold’s Gym has been the world’s trusted fitness authority since 1965. From its humble beginnings as a small gym in Venice, CA, Gold’s Gym has grown into a global icon with more than 700 locations serving 3 million people across 6 continents each day. Featuring personalized transformation plans, state-of-the-art equipment, certified personal trainers, a diverse group exercise program and a supportive, motivating environment, Gold’s Gym delivers the most dynamic fitness experience in the industry. The Gold’s Gym experience recently expanded to include GOLD’S STUDIO™ –which gives members access to boutique style classes like GOLD’SFIT™, GOLD’SCYCLE™ and GOLD’SBURN™…all under the same roof. More than a gym, Gold’s Gym combines coaching, community and more than 50 years of fitness expertise to help people around the world achieve their potential through fitness.

Explore more at Gold’s Studio, like us on Facebook, and follow us on Twitter.

Encore Commercial, LLC Announces New Name for Bedford, NH Mixed-Use Development

Market and Main, Bedford

(Dallas, TX) June 21, 2016 – Encore Commercial, LLC, a subsidiary of Dallas-based commercial real estate firm, Encore Enterprises, announced today that it has finalized the name for its latest mixed-use development in Bedford, New Hampshire. The development will be called Market and Main.

“We wanted a name that carried symbolism,” said Nicholas Barber, President of Encore Commercial. “The development will offer dining, shopping, entertainment, and more, creating a one-stop-shop marketplace for the Town of Bedford.”

Plans are currently underway to construct Main Street, the central artery leading to the development.

“With the highly successful grand opening of the new Whole Foods Market just behind us, we are pleased to see that the area is quickly growing into an exceptional regional destination for citizens of Bedford and Manchester. Market and Main will be a first-rate addition to the area, bringing exciting new shopping, dining, and recreational opportunities to our residents.” said Richard S. Sawyer, Town Manager for the Town of Bedford.

The project is experiencing tremendous response, with an abundance of proposals coming from potential tenants. Demolition of the former Macy’s building has been completed and construction is expected to commence in 2017.

About Encore Commercial, LLC.  
Encore Commercial, LLC focuses on the acquisition, ownership, redevelopment and asset management of retail shopping centers, single tenant retailers, and class “A” commercial office buildings across the United States.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a national real estate company with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and restaurants.

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