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Henry S. Miller Cos. Scoops Up Mills Pointe Shopping Center

126,000-SF Carrollton Shopping Center Anchored by Fitness Connection
October 9, 2017
Henry S. Miller Cos. grew its local portfolio with the off-market purchase of Mills Pointe, a 126,000-square-foot, two-building shopping center located in the north Dallas suburb of Carrollton, TX.

Built in 1985 with substantial renovations completed in 2016, the shopping center at 2810 E. Trinity Mills Rd. is 80% leased to a tenant roll that includes Subway, H&R Block, State Farm, The UPS Store and anchor tenant Fitness Connection, which backfilled the space formerly leased to Tom Thumb.

"Mills Pointe was bought off-market and below replacement cost," said Darrell Hurmis, principal of the investments and land division at Henry S. Miller. "We also appreciate the potential of this center, because the remaining vacancies can be leased at very competitive rates for the area."

Please see CoStar COMP #4020401 for more information on this transaction.
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