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Town Lane, Gillon Acquire 460K-SF Allen Retail Center

Town Lane and Gillon Property Group (GPG) acquired Watters Creek Village, a 460,000-square-foot, grocery-anchored mixed-use destination in Allen, Texas. Charter Holdings and DuWest Realty were the sel

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Summary

Town Lane and Gillon Property Group (GPG) acquired Watters Creek Village, a 460,000-square-foot, grocery-anchored mixed-use destination in Allen, Texas.

Charter Holdings and DuWest Realty were the sellers.

An Ares Real Estate fund provided the debt financing for the acquisition. Built on 46 acres in 2008, Watters Creek Village comprises 360,000 square feet of retail...

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