COLLIN CREEK VILLAGE

COLLIN CREEK VILLAGE

This community shopping center is located at the NE corner of Plano Parkway and Alma Drive, in one of the major shopping districts of the affluent town of Plano. Occupancy was raised approximately 11%, from 87% to 98%, and rents were stepped up aggressively, such that cash-on-cash return on the property was increased to approximately 30% by the time the property was sold.