Monthly Archives

April 2017

Inroads Realty’s Thad Beckner Sells Third Big-Box Grocery Store

By | Company News, DFW Market, Retail

DALLAS, April 24, 2017 – Thad Beckner, vice president at Inroads Realty, has just brokered the sale of a 39,797-square-foot former Brookshire’s Grocery Store in Henderson, Texas. This sale represents the third major deal completed by Beckner in tertiary markets on behalf of Brandywine Financial involving a big-box retail space. Beckner has represented Brandywine for five years.

Mike Cagle, founding partner of Inroads Realty, affirmed that Beckner’s track record with Brandywine is consistent with the Inroads Realty mission.

“Often in our industry, you see brokers who are focused only on an individual deal, while losing sight of the big picture,” Cagle said. “Beckner is an exceptional broker, and this is a perfect example of the Inroads Realty mentality, where we strive to nurture long-term relationships with our clients.”

Beckner’s penchant for such client relationships has been a hallmark of his career as a real estate broker. In addition to Brandywine, Beckner has long represented the ownership group of a large portfolio of Wal-Mart shadow-anchored centers.

John Mathes, one of the portfolio owners, elaborated on Beckner’s abilities. “We have been working with Thad for many years,” Mathes said. “He oversees a 22-property portfolio for us, spread out over 12 states. His work ethic, professionalism, deal sourcing, follow-up and organization are second to none, and we are lucky to be able work with him.”

Ultimately, Beckner credits his success with hard work. “In this business, clients don’t stick around unless you are able to produce great results,” he said. “Behind the scenes, we spend a lot of time making sure we understand the market and are able to secure the best tenant opportunities for our property owners. We go after tenants that we believe will produce the best long-term viability for each particular project.”

Beckner’s notable projects include several single-tenant opportunities in affluent areas of North Texas as well as many large shopping centers in high-growth sections of the Dallas-Fort Worth area, including Frisco, McKinney and Southlake. He currently manages leasing for about 40 retail properties, many of which are in the Dallas-Fort Worth Metroplex.

According to Beckner, North Texas represents a great opportunity for retail businesses looking for growth opportunities. “It’s such an exciting time to be living and working in North Texas,” he said. “The area offers such a great quality of life for a relatively low cost of living, and the region is so business-friendly. There’s no place I’d rather be.”

If you have a retail project you would like to discuss, contact Thad Beckner at 972-764-5404.

About Inroads Realty

Inroads Realty is a retail real estate company based in Dallas, Texas. Inroads provides retail property owners and tenants with a portfolio of services designed to drive their business forward. Inroads specializes in landlord representation, tenant representation, property and asset management, and investment sales. For more information, visit https://inroadsrealty.com.

Contact:

Inroads Realty
972-764-5401

Pavillion East Shopping Center Receives Award

By | Company News, DFW Market, Retail

The property owners of Pavillion East Shopping Center were recently recognized by the Richardson City Council at the 2016 Community Revitalization Awards for a redevelopment project which now includes a Pei-Wei and Starbucks.

Leasing for the project was completed by Mike Cagle, Managing Partner at Inroads Realty.  The project included creative lighting design by Flying X Capital.

The property, which stands at 1401 W. Campbell Road, was once the site of Nikki’s Restaurant, but the owners saw an opportunity for redevelopment when the owner of the neighborhood family diner retired and closed his long standing restaurant.

Cagle credits the success of the redevelopment with the draw of the centers three anchors (Sprouts, Home Goods and Richardson Bike Mart) and the quality of the two new tenants.

“When successfully redeveloping a retail property it is critical to have a vision and marketing strategy to attract the right co-tenancy, said Cagle. “The signing of Pei-Wei and Starbucks will add long-term value to this shopping center.”

 

About Inroads Realty

Inroads Realty is a retail real estate company based in Dallas, Texas. Inroads provides retail property owners and tenants with a portfolio of services designed to drive their business forward. Inroads specializes in landlord representation, tenant representation, property and asset management, and investment sales. For more information visit https://inroadsrealty.com.

 

About Flying X Capital

Flying X Capital (FXC) is a full-service wholesale electrical, lighting, and lighting controls distributer and energy service company headquartered in Dallas, TX.  With an emphasis on national rollout projects for US institutional and corporate customers; FXC specializes in the design, delivery and installation of solid state lighting projects as well as cutting edge lighting control systems for commercial, municipal, industrial and residential markets.  For more information visit https://flyingxc.com.