COLDWELL BANKER COMMERCIAL REPRESENTS SELLER IN SALE OF VACANT RETAIL SPACE IN VALLE VISTA MALL

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Harlingen, Texas (October 14, 2021) – Coldwell Banker Commercial represented the seller in the off-market disposition of a vacant 103,000 retail anchor building located within the Valle Vista Mall in Harlingen, Texas. The sale price was undisclosed.

Daniel Galvan, CCIM, SIOR, principal broker of Coldwell Banker Commercial Rio Grande Valley, represented the seller.

The one-story building, located at 2004 S. Expwy. 83 at the U.S. 69E interchange, was constructed in 1983 and sits on seven acres of land. The building was formerly occupied by Dillard’s, a nationwide retailer who vacated the property at the expiration of their lease and prior to the transaction closing.

“Retail buildings such as the former Dillard’s are eyed by investors for a variety of purposes, including continued retail use, repurposing and redevelopment, conversion to entertainment venues and other needs for a brick-and-mortar location,” said Galvan.

About Coldwell Banker Commercial Affiliates

Coldwell Banker Commercial Rio Grande Valley is the local affiliate of Coldwell Banker Commercial® and provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition, and disposition of all property types. Since 1906, the Coldwell Banker Commercial brand has been a premier provider of real estate, recognized globally as a company that puts the client first while delivering individual, distinctly different service. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com 

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