Last Mile Investments has acquired Quorum II Plaza, a 77,319-square-foot shopping center in Addison, Texas, part of the Dallas–Fort Worth area.
Quorum II Plaza, strategically located along Belt Line Road, benefits from a dynamic consumer base that consistently drives sales. Its proximity to the Dallas North Tollway and Interstate 635 ensures easy accessibility, enhancing its appeal to both visitors and residents. Situated in the heart of Addison, the center enjoys a thriving community that further fuels its commercial environment.
Quorum II Plaza, built in 1981 and situated on 5.7 acres, boasts a 93 percent occupancy rate, underscoring its popularity and commercial success. Key tenants, including Verizon, Salata, Tasty Tails and Improv, alongside popular establishments like Sellinger's Powergolf, Tiff’s Treats and Jimmy John's, create a diverse tenant mix that attracts a wide array of visitors.
JLL represented the seller, Westwood Financial Corp.
