SHOP Cos. Arranges $23.7 Million Sale of Mixed-Use Development in Richardson

by Katie Sloan

Richardson, Texas — SHOP Cos. has arranged the $23.7 million sale of Eastside, a 67,071-square-foot mixed-use retail and office property located in Richardson.

The property was 93.9 percent leased at the time of sale to tenants including 7-Eleven, Panera Bread, Scottrade, T-Mobile, Jersey Mike’s, Frost National Bank and Sport Clips. Tommy Tucker and Tim Axilrod of SHOP Cos. represented the seller, SG Retail Development Partners, and procured the buyer, Retail Properties of America Inc., in the transaction.

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