-- M Square Commercial (MSC) released a new case study detailing a commercial property redevelopment project in Alton, TX. The single tenant redevelopment project involved the transformation of a vacant Family Dollar building into a new retail NNN space for a Dollar Tree developer.
The case study, available on the company's website (https://msquarecommercial.com/commercial-property-redevelopment-alton-tx/), outlines the process of facilitating a complex real estate transaction across markets.
The Alton, TX project, completed on March 4, 2024, centered on the redevelopment of a 1.124-acre property. The transaction was between Huttonco Development, L.P. as the seller, and Trimani Investments LLC as the buyer. The property, previously a vacant Family Dollar building developed in 2006, has been repurposed for a new Dollar Tree retail space.
Brittany Megrath, CCIM, Managing Broker and Principal of M Square Commercial, commented on the project: "This case study illustrates the potential for repurposing underutilized properties in growing markets. The project in Alton, TX demonstrates how strategic redevelopment can benefit both property owners and local communities."
The case study provides insights into the market analysis, strategic planning, and execution of the redevelopment process. It highlights the challenges and solutions encountered during the project, offering valuable information for real estate professionals and investors interested in similar ventures.
"The Alton, TX project reflects a broader trend in commercial real estate," added Megrath. "We're seeing increased interest in revitalizing vacant properties, particularly in growing markets. This approach not only creates value for investors but also contributes to local economic development."
The full case study offers detailed information on the redevelopment process, including timelines, key considerations, and outcomes. It demonstrates how investors and developers can effectively execute commercial property redevelopment projects.
For more information about this case study or M Square Commercial's services, please contact Brittany Megrath, CCIM.
About M Square Commercial
M Square Commercial (MSC) is a commercial real estate brokerage firm founded in 2019 by Brittany Megrath, CCIM, in Las Vegas, Nevada. MSC operates in over 60 markets across the United States, having assisted in transactions in fifteen states. The company's expertise spans multiple asset classes, including raw land, office, retail, fitness, quick service restaurants, car washes, and automotive services. MSC works on both the buy and sale side of transactions, serving clients from Massachusetts to Nevada. For more information or to schedule a call, visit https://msquarecommercial.com/.
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