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- Kroger Acquires 14-Acre Property in Little Elm, TX
Kroger Acquires 14-Acre Property in Little Elm, TX
Key Highlights:
Davidson Bogel Real Estate (DB2RE) represented Kroger in the 14-acre property acquisition at US 380 and FM 2931, Little Elm, TX.
Dollar-Flowers Realty Partners sold the property, represented internally by Stewart Flowers.
Little Elm's retail growth includes new projects from Weber & Co. (Target-anchored Bates Towne Crossing) and GBT (Sprouts-anchored shopping center).
DR Horton’s Silverado is the top-selling Texas community, driving population growth in the region.
Source: Business Wire
Notable Quote:
“The acquisition of this property reinforces Kroger’s commitment to expanding in high-growth areas like Little Elm. We are proud to have facilitated this transaction.”
Why This Matters:
The acquisition reflects Kroger's strategic focus on expanding its footprint in rapidly growing markets. Little Elm’s booming population, driven by residential developments like DR Horton’s Silverado and Lennar’s Foree Ranch, underscores the increasing demand for quality retail services. Retail expansion at this intersection, including projects from Target and Sprouts, positions Little Elm as a key retail hub in North Texas.