K&G Fashion Superstore, a nationwide discount department store, has signed a long-term 31,473-square-foot lease at 4625 S. Cooper Street in Arlington, TX. Beginning July 2023, the fashion retailer will renew its lease in the Cooper Street Plaza retail shopping center operated by Hartman Income REIT Management, Inc., a commercial real estate operator of its portfolio and owned by its affiliate, Silver Star Properties REIT, Inc. (Silver Star Properties) headquartered in Houston, TX.
K&G Fashion Superstore’sfootprint of 31,473-square-feet serves as a co-anchor tenant with OfficeMax, Home Depot, UPS, and Mattress Firm at the high-traffic retail plaza. Cooper Street Plaza is conveniently located just one light south of Ronald Regan Memorial Highway. The property sees an average count of 150,000 vehicles per day while residing within 3 square miles of a population of 121,939.
In the past year, the well-performing retail center has welcomed two additional well-known tenants to its mix, Black Rifle Coffee Company and State Farm Insurance. It also transacted with OfficeMax on a long-term lease renewal.
“We are thrilled K&G Fashion Superstore chose to renew long-term with us,” said Mark Torok, CEO. “Vacancy across our retail assets continues to shrink, a sign that the American consumer is thriving. And investment remains strong in the Texas metros that we are active in.”
In the leasing transaction, Bryan Weiss, vice president of Hilco Real Estate, LLC, represented K&G Fashion Superstore,and Richard Maloof, executive vice president of leasing represented the landlord.
To learn more about leasing commercial real estate in San Antonio, Houston, or DFW (Dallas Fort Worth), please contact a Hartman leasing agent at 800.880.2212 or visit www.hi-reit.com.
About the Company:
Hartman is a premier property management company in the Houston, Dallas, and San Antonio markets with more than 59 properties totaling over eight million square feet. Hartman has owned and operated commercial office properties since 1983, offering premium office space at attractive rates for over 39 years. For more information, visit www.hi-reit.com.