MANSFIELD, TEXAS – Mansfield Town Center welcomes three new high-profile retailers – Five Below, Sam’s Club and ULTA Salon, Cosmetics and Fragrance– to its tenant roster. Five Below celebrated its grand opening on September 12 while ULTA followed on September 13. Sam’s Club is scheduled to open October 24.
Stephen Coslik and Bryan Dyer of The Woodmont Company represented Kossman Development Company, owner of Mansfield Town Center, in the three transactions totaling 136,085 square feet. Dyer is responsible for handling leasing at the center. Sam’s Club was represented by Tom Hudson of Tom Hudson Co. ULTA was represented by Jennifer Frank of Princeton Partners. Tyler Grisham and Greg Bracchi of EDGE Realty Partners represented Five Below. The center now boasts a 96 percent occupancy rate.
Located southeast of Ft. Worth, Mansfield Town Center is located in Mansfield at Highway 287 and Cooper Street in Tarrant County. The center boasts more than 30 retailers including The Cinemark 12 and XD Theater, Dollar Tree, Best Buy, Petco, Michael's, Marshall's, Home Goods, Shoe Carnival and Lane Bryant. The area demographics are strong with more than 6.5 million people living in the Dallas/Fort Worth/Arlington MSA, and the average annual household income is more than $91,000.
About The Woodmont Company
Founded in 1980, The Woodmont Company is a full-service commercial real estate company headquartered in Dallas/Fort Worth Texas. The Woodmont Company specializes in retail real estate and has expertise in ground-up development, redevelopment, asset management, property management, investment sales, marketing and leasing of regional malls, outlet centers, power centers, community centers, lifestyle centers, neighborhood centers and specialty centers. The Woodmont Company has developed more than 15 million square feet of retail real estate throughout the United States with a value of more than $4 billion and currently owns, manages and/or leases more than 15 million square feet of shopping centers, including third party management and leasing for institutional clients, realty advisors and private investors. For more information, please visit www.woodmont.com.
About Kossman Development Company
The Kossman Development Company was founded by Paul Kossman in the late 1950s. The company’s first project was the design and construction of a 20,000-square foot office building in a suburb of Pittsburgh, Pennsylvania, known as Green Tree. This project was the start of the first suburban office complex built in the Pittsburgh area now known as Parkway Center.
Today, Kossman Development Company is one of Western Pennsylvania’s largest commercial real estate developers. Kossman Development designs, develops, owns, and manages retail, office, apartments/residential, and hotels. Total holdings include more than 4.5 million square feet of developed property. Kossman Development Company also owns several parcels of land that have been “land banked” for the purpose of future development.
In addition to Pittsburgh, Pennsylvania, Kossman designs, develops, owns, and manages properties in Arizona, Indiana, Kentucky, Ohio, and Texas. For more information, please visit www.kossman.com.