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Over the last 18 months, NewQuest Properties has brought the 155K SF Carrollton Town Center to 94% occupancy. The center has 22 restaurants and retailers total in Phase 1, including the so-called Asian Starbucks, 85°C Bakery Café.
Phase 2 will have 43K SF across five acres and is pre-leasing now. The center at the southeast corner of Old Denton Road and George Bush Turnpike is anchored by Chinese supermarket 99 Ranch Market. Five new leases for the center top about 13K SF.
California-based The Kickin' Crab leased 4K SF for its first Texas store. Korea-based Rice Chicken leased 3K SF for its second North Texas location. Adding to the city’s Asian foodie destination, Frisco may get the third North Texas location, according to NewQuest. Too Thai Street Eats leased 3K SF, Churro Alley leased 2K SF and T-Swirl Crepe leased 1K SF.
Phase 2 of the center will be anchored by a 7K SF First Intercontinental Bank. Like Phase 1, it will be an Asian fusion-style project. NewQuest’s Heather Nguyen and John Nguyen are leasing the development.
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