Towne Center owner puts Dallas mall up for sale

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Creekstone Companies, which owns Towne Center in Baton Rouge and is developing Juban Crossing in Livingston Parish, has put up for sale a 230,000-square-foot mall in Dallas, according to The Dallas Morning News. The Preston Center Pavilion & Square is the only such retail property in Creekstone’s portfolio aside from the two aforementioned Capital Region developments. It’s located in the heart of Dallas’ most upscale residential community, according to the Creekstone website, and is host to a mix of tenants including Marshalls, Ross, DSW Shoes, Office Depot, CVS Pharmacy, Sleep Experts, Pei Wei, Chipotle and Sonic. It was redeveloped in 2000. The Houston-based firm picked up the property in 2005. You can find the full story here.

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