Southlake, Texas – May 25, 2017 – United Development Company of Southlake Texas recently sold their UA Grand Prairie Theater located at 510 Westchester Parkway in Grand Prairie, Texas. The property is near the bustling area of I-20 and Carrier Parkway. United Development Company acquired the site in 2015. The buyer plans to operate a Premiere “Lux” Cinema in the theater. Falcon Realty Advisors was the selling broker.
United Development Company, through its investment platforms, has managed more than $500 million of real estate investments over the last 15 years. Utilizing its wealth of both capital and real estate expertise, United Development is aggressively pursuing retail and medical real estate investments in the United States.
For Media Information – Interviews:
Biff McGuire, C.E.O., United Development Company