Retail Development
Frisco Plaza
- Location
- Frisco, TX
- Size
- 8,923 Sqf
- Deal Type
- New development
- Strategy
- Opportunistic
- Year
- 2019
- Net Investor Return
- 101%
- Net Annual Return
- 26.8%
- Hold Period
- 3.8 Yrs.
- Equity Multiple
- 2.01x
Highly-visible freeway-facing site and developed pad site at attractive basis. Acquired site from a developer who was financially distressed and was offloading assets to pay off mortgages.