BURLESON COMMONS SHOWS CONTINUAL GROWTH WITH NEW TENANTS

Posted on: July 18, 2017

For More Information:

Anaise Berry

Director of Marketing

309-999-1735

aberry@cullprop.com

 

FOR IMMEDIATE RELEASE

 

BURLESON COMMONS SHOWS CONTINUAL GROWTH WITH NEW TENANTS

 (Peoria, IL – July 18, 2017) – Cullinan Properties, Ltd. announces continued growth to its thriving Burleson Commons property with the addition of The Garage, an upscale men’s hair and grooming salon, who opened its doors earlier this summer. Burleson Commons is located at the intersection of Wilshire Blvd (S.H.174) and F.M. 731 in Burleson, Texas. The property is owned and managed by Cullinan Properties, Ltd., headquartered in Peoria, Illinois.

The Garage is a new salon concept that features a unique garage theme to appeal to its male clientele. A team of nine grooming specialists offer haircuts, face shaves, beard trimming and shaping, face treatments, waxing, massage therapy and high quality grooming products.

Additionally, R Taco, a fast-casual taco restaurant, will open its first Burleson location in a new building planned to be completed at the Kroger anchored shopping center in early 2018. SRS Real Estate’s Dallas/Ft. Worth office represented Cullinan Properties, Ltd. in both R Taco and The Garage’s transactions.

The Burleson area has seen tremendous growth in the past year, especially in regards to economic development. According to the State of the City address given by Mayor Ken Shetter in January, “Burleson is booming.”  Mayor Shetter announced that $150 million in new investment was made in 2016, compared to $12 million in the previous year.  Burleson’s median household income is also more than $5,000 higher than the median income for the state, and the city’s retail vacancy rate remains the lowest of any DFW submarket at 1.9%.

Burleson Commons is no exception to the city’s booming growth and success. The property has welcomed five new businesses just since the opening of Kroger in December 2015. “Burleson is such a hot market right now with the strong population growth and new home construction,” stated Kathleen Brill, Vice President and Director of Leasing for Cullinan Properties, Ltd. “We have a lot of interest in our few remaining existing spaces and we anticipate more construction and tenant announcements will occur at Burleson Commons later this year.”

About Burleson Commons

Burleson Commons is a shopping destination comprised of several retail strip centers and outlots. The center, which opened in 2008, is co-anchored by Premiere Cinemas, a 14-screen, 43,363 square foot theater and the 120,000 square foot Kroger Marketplace®. Burleson Common’s 45-acre property is located at the intersection of State Highway 174 (Wilshire Blvd) and 731 in Burleson, Texas.

 About Cullinan Properties

Cullinan Properties, LTD. is a leading provider of real estate services specializing in commercial and mixed-use developments and acquisitions.  With offices in Peoria, IL, Chicago, IL and St. Louis, MO, Cullinan Properties is a multi-disciplined real estate firm that develops, manages and owns mixed-use, retail, multi-family, office and medical properties throughout the United States, including Illinois, Missouri, Michigan, Georgia, Texas and Kansas. For additional information about Cullinan Properties, Ltd., visit www.cullinanproperties.com.

 

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