Centennial plans to extensively renovate the center and adapt the space for the new Whole Foods Market store while also modernizing other retail areas. Centennial assembled the shopping center from three separate owners over the past 18 months, allowing the company to bring in Whole Foods Market and redevelop the existing retail space.
Mark Dixon, President/Southwest Region of Whole Foods Market, said, “Colleyville’
“Whole Foods will be a welcome addition to Colleyville as it is one of the most in-demand grocery store operators in the country, and the new store will offer an exciting and energetic environment for the residents of Colleyville and its surrounding areas,” said Steven Levin, chief executive officer of Centennial Real Estate.
“In Village Park’s extensive redevelopment, we will construct a prominent storefront and entrance for Whole Foods Market while upgrading the appearance of the entire shopping center. Our plans include unique architectural features that combine new modern design with a concept that is consistent with the culture and setting of Colleyville,”
Centennial acquired Village Park with partners Gideon Interests, Inc. and Atlantic Creek Real Estate Partners, LLC. ViewPoint Bank provided the debt for the transaction.
For leasing information, please contact Perren Gasc, Centennial Real Estate’s senior vice president and director of leasing, at 972.888.8099.
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About Centennial Real Estate
Centennial Real Estate Company is a commercial real estate firm specializing in the ownership, operation, leasing and management of high quality retail properties, including shopping centers, lifestyle centers and malls in the western United States. With offices in Dallas and Los Angeles, Centennial currently owns and operates in excess of 2 million square feet of retail space. For more information, visit www.centennialrec.com.