Venture Investment Partners acquired The Shire at CityLine, an 83,256-square-foot, premium, suburban mixed-use retail and office property in the Dallas-Fort Worth community of Richardson, Texas.
JLL Capital Markets marketed the property on behalf of the seller, Standridge Companies.
The 85-percent-leased The Shire at CityLine features an eclectic tenant mix that includes Sweeney Eye Associates, Dogtopia, Silver fox, Shire Pediatrics, North Texas Dermatology, Anaya’s Seafood, Republic Title, Modern Dental, Ameriprise, Re/Max, Gillespie’s Tavern and more. The center, which was constructed between 2005 and 2006, has 414 dedicated parking spaces.
Situated on 6.22 acres at 2600, 3610 and 3650 Shire Blvd. and 2121 Infocom Drive, The Shire at CityLine is in Richardson, which has experienced a 14-percent increase in population since 2010 and is in Dallas-Fort Worth’s growth path. The property is near the high-traffic intersection of Central Expressway and Pres
