Map courtesy of Davidson Bogel Real Estate
Davidson Bogel Real Estate (DB2RE) recently announced a nearly 225,000 square-foot Target-anchored shopping center will be coming to the north side of Little Elm, Texas along U.S. Highway 380. Dallas-based, Weber & Company purchased the property last month. David Davidson, Jr. and Edward Bogel with DB2RE represented the family who owned the property for 157 years.
Terms of the deal were not disclosed.
The future retail development is located at the intersection of U.S. Highway 380 & Ryan Spiritas Parkway. Weber & Company will tribute the family’s history in North Texas by naming the shopping center Bates Towne Crossing in their honor, a press release stated. The Rev. William Edmunds Bates acquired the property in 1867. He founded numerous Methodist churches, including Oak Grove Church on FM 720 located west of the future Target.
Target plans to open within the center in the summer of 2026, the release stated. Weber & Co. has been developing in North Texas for over 50 years, including numerous anchored shopping centers with users such as Target, Lowe’s, Walmart, Kroger and Home Depot.
DB2RE will continue to be involved in the project with Ryan Turner and Jonathan Cooper leading the leasing of the shopping center, the release stated.