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JAH Realty takes over Leasing and Management of Lakeside Market

Thursday, July 21, 2016

JAH Realty takes over Leasing and Management of Lakeside Market.   TriGate Capital, LLC (“TriGate”) acquired Lakeside Market, a 162,645 square foot lifestyle shopping center located on Preston Road near the intersection of Spring Creek Parkway in Plano, Texas.  TriGate acquired the property through its investment fund, TriGate Property Partners III, L.P. on June 30, 2016.
“We were attracted by the location in the heart of Plano with some of the best 3 and 5 mile demographics in all of Dallas-Fort Worth,” noted Keith Schneider, Senior Vice President at TriGate.  “The center has performed very well over the last few years with all of the economic growth taking place in Plano and Frisco.  The intersection of Preston and Spring Creek will continue to improve due to population growth and future development in the immediate area.” 
Lakeside Market was constructed in 1999 and benefits from an attractive architectural theme, superior access and a distinguishing lake feature around which several restaurants contain outdoor patios.  “The lake and outdoor patios create a sense of place that is hard to replicate.  The restaurant concepts that benefit from the lake – Mi Cocina, Taverna Rossa, and Mignon – have unique and complementary menus, drawing repeat customers to the shopping center on a frequent basis,” said Graham Irvine of JAH Realty, L.P.  The shopping center is home to a broad range of concepts, including several high end retailers, neighborhood restaurants, leading fitness concepts and health and beauty uses.  “We intend to continue, and hopefully improve on, the high standards of tenant mix, maintenance and management oversight at Lakeside Market on behalf of TriGate” said Jeff Norman of JAH Realty. 
JAH now has master management and leasing agreements on 18 shopping centers totaling over 2.1 million square feet in 9 states with TriGate Capital.

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