Lockard Announces the Sale of 7 Acres in McAllen Texas to Wal-Mart Stores, Inc.

Business Wire


Lockard has finalized the sale of +/- 7.16 acres of land located in our Dove Town Square shopping center to Wal-Mart Stores, Inc. (Walmart). The new Walmart Neighborhood Market, which is less than one-quarter the size of an average Walmart Supercenter, will be located at the northeast corner of N. 23rd Street and W. Dove Avenue in McAllen, TX.

The 41,117 SF store builds upon the partnership Lockard has enjoyed with Walmart. “We are excited to welcome the new McAllen Walmart Neighborhood Market to Dove Town Square,” stated David Wilson, CCIM, executive vice president for Lockard. “Walmart works hard to create strong ties to the community and will provide new jobs as well as economic opportunity for McAllen and the surrounding area.”

Dove Town Square is located at the intersection of N. 23rd Street and W. Dove Avenue. The 27 acre shopping center has spaces available for lease in the adjoining retail building as well as outparcels for sale, lease, or build-to-suit.

For additional information, visit www.lockardonline.com

About Lockard: In the 63 years since their founding, Lockard Companies has grown into a nation-wide integrated real estate solutions firm. Lockard has completed over $1.7 billion in real estate transaction in 30 states, and demonstrates excellence, integrity, and humility in all of their client and referral relationships. Lockard’s Integrated Real Estate Services cover the entire spectrum of the real estate life cycle from site selection, ownership structure, project finance, concept and value engineering, to construction management, redevelopment, disposition, and beyond. The Lockard team is a group of professionals who are passionate about delivering innovative and remarkable solutions for all of our clients. Lockard is headquartered at 4501 Prairie Parkway in Cedar Falls, Iowa. For more information, call (319) 277-8000, or visit www.lockardonline.com

John Brooks, 319-277-8000
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