AUSTIN, Texas, December 10, 2010 – Parmida Home, a home furnishings retailer, in leasing 10,500 square feet of retail space in Hill Country Galleria in the city of Bee Caves, TX, near Austin. This is the second location in Texas and part of Parmida Home’s plan to expand into similar lifestyle centers nationally. Dean Vandergriff of United Commercial Realty’s Austin office represented Parmida Home in the lease negotiations with Galleria Texas LLC.
“The Hill Country Galleria offers Parmida Home the opportunity to enter a terrific submarket of the Austin MSA. The national, regional and local tenant mix allows us to quickly gain brand recognition in this growing southwest region of the Austin area.” said Vandergriff. “Parmida Home brings a fresh new retail face to Austin and the Hill Country Galleria with an eclectic mix of merchandise and gift items not found elsewhere.”
DALLAS, Texas, November 8, 2010 – The Dallas Morning News has chosen UCR as a Top 100 Place to Work in Dallas/Fort Worth.
In its second annual listing, the Dallas Morning News noted, “It’s hard to create a workplace that employees brag about. But to do that in a sour economy is a monumental achievement. The winners of the Top 100 Places to Work 2010 should take considerable heart that their troops believe in their companies’ leadership and say they work in a hospitable, nurturing environment.”
Mickey Ashmore, UCR’s president and CEO, stated, “I am so proud and thankful that I am associated with everyone in this company. We at UCR have always strived to be kind, caring and dedicated to giving each other and our clients the very best we have to give.”
United Commercial Realty and Barnes & Noble Reach Agreement for Lease Renewal at University Park Village
DALLAS, Texas, November 3, 2011 – University Park Village and Barnes & Noble are pleased to announce that an agreement has been reached that will allow Barnes & Noble to extend their lease and continue to operate at University Park Village.
“Both University Park Village and Barnes & Noble recognize the community interest in keeping the store as a part of the great offering of merchants and tenants, and as such have worked diligently to provide the opportunity for the store to remain open. We wish to thank the community for their continued patronage and support for University Park Village,” said David Deason, vice president of development for Barnes & Noble.
Despite an announcement in late October that Barnes & Noble was leaving the center, officials at Dallas-based United Commercial Realty (UCR) on behalf of the property owner, worked to develop an acceptable solution and lease renewal with both the tenant’s representatives and the property owner’s representatives. Mickey Ashmore, UCR’s president and CEO, stated, “From a retailing standpoint, we never wanted them to leave as Barnes & Noble brings more to a property than simply rental income. We love books and bookstores at our properties, because bookstores provide a respite from the usual retail for our patrons, a place of introspection and community gathering for our customers. That is certainly the case at University Park Village.”
UCR’s project leasing and management team was able to develop some creative alternatives for the parties to consider and in the end, these potential solutions allowed more flexibility on both sides.
“Once the ice was broken, we were able to assist in hammering out a multi-year deal that will be beneficial to both sides and, importantly, to the community and patrons of this shopping center. We are very pleased that Barnes & Noble will continue to play a big role at University Park Village,” said Ashmore. He added, “University Park Village remains THE place to shop in the Fort Worth area with Barnes & Noble and with exciting new tenants to come including Anthropologie, Brighton, lululemon and more.”
AUSTIN, Texas, November 2, 2010 – Parmida Home announces the grand opening of it’s 2nd retail store in the Hill Country Galleria on December 4th, 2010. Festivities begin at 10am, which include door prizes valued over $500. There will be music, wine, gourmet foods, and much much more to enjoy. Shoppers will be able to select premium gifts for people who enjoy the finer things in life. The store will showcase distinctive home decor, wine & cheese accessories, imported coffees & teas, bath & body essentials, candles, imported oils, as well as many more timeless home accents.
“We expect this store to provide a platform for further expansion in the lifestyle & living shopping centers throughout the United States.” Parmida marketing director Siotha Vest said. “We have chosen top quality manufacturers to feature during store wide discounts and sales offered during the month of December. We are confident we will become a trusted brand and household name for Austin shoppers. “
After the grand opening, Parmida shoppers can expect continual activity in the store each weekend. For example customers may sample select gourmet foods, coffees, and teas throughout the weekends.
Dean Vandergriff of UCR’s Austin office represented Parmida Home in the transaction.
DALLAS, Texas, November 1, 2010 – UCR Urban recently helped secure three new sites for two Urban Outfitters concepts in North Texas.
UCR Urban represented The Shops at Legacy in securing Urban Outfitters for a 9,550 square foot space. The Shops at Legacy is a mixed-use shopping center development located at the Dallas North Tollway and Legacy Drive in Plano, Texas. The Urban Outfitters store plans to open in late fall and will offer an eclectic mix of men’s and women’s apparel, accessories and items for the home. The trendy store will occupy a space on Bishop Road between The Ginger Man and Angelika Film Center. The lease represents Urban Outfitters’ first location north of I-635 and the company’s third store in Dallas/Fort Worth. The store is scheduled to open in the fall of 2010. Clair Parker Tompkins and Rand Horowitz of UCR Urban represented the landlord, Inland Western, in the transaction.
UCR Urban represented Watters Creek at Montgomery Farm in Allen in securing Anthropologie for a 9,000 square foot space. Watters Creek, located at the southwest corner of U.S. 75 and Bethany Drive, is a 52-acre mixed-use development featuring retail, residential and office space. J. Michael Nagy of UCR Urban represented the landlord, Trademark Property Company, in the transaction. The store will open in the October of 2011. Anthropologie also signed a lease for 11,000 square feet at University Park Village, a lifestyle shopping center located at 1612 South University Drive in Fort Worth. The store is scheduled to open in November 2010. Mr. Nagy represented the landlord, Heitman, in the transaction.
These two Anthropologie leases represent the concept’s 5th and 6th locations in Dallas/Fort Worth.
“Since bringing Dallas’ first Urban Outfitters store to Mockingbird Station in 2000, we have been fortunate to be able to help expand them into premier shopping locations across DFW,” said Jack Breard, President of UCR Urban.