Retail Division
Underwood’s Retail Division takes a lead role in the development and ownership of appealing neighborhood centers in rapidly growing areas, providing excellent potential for income and appreciation. Underwood retail sites attract national tenants, and the carefully chosen and well-managed properties remain strong retail operations after their initial purchase. Underwood is currently devoloping centers in new markets in Collin County: Anna, Celina and Melissa.
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CVS Pharmacy has recently built a new retail store in Campbell Road Village Shopping Center in Richardson,
a property Underwood has owned since 1986.
For more information visit:
www.campbellroadvillage.com |
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Underwood has completed Phase One of Celina Town Center, located north of Highway 380 at the corner of Preston Road and Sunset Blvd. It is anchored by Brookshire Grocery Store with two additional buildings for retail. There are three pad sites along Preston Road.
For more information visit:
www.celinatowncenter.net. |
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Underwood is currently constructing Anna Market Center at the corner of SH 455 and CR 367 in Anna, Texas. Anchored by a Brookshire Grocery Store and a Chicken Express, it is part of a 70-acre mixed use development at this intersection. The City is building a 20-acre park next to Anna Market Center and the park includes six acres donated by Underwood. Just behind the center is a hiking and biking trail that connects the park to CR 367. On the southern side of the Underwood property is a Medical Campus that shares a boundary with a 20-acre elementary school that opened August of 2007.
For more information visit:
www.annamarketcenter.com
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In Melissa, Texas, Underwood owns the premier retail tract which is located at the intersection of SH 121 and Highway 5. The City of Melissa hired BUXTON to analyze the retail sites in the city, and the Underwood tract was the recommended choice.
For more information visit:
www.melissamarketplace.com |
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