DALLAS (August 5, 2015) – Leon Capital Group, a Dallas-based real estate investment and development firm, recently announced Crossroads Diner as its newest tenant at Preston Trail Village shopping center. The highly successful diner, known for its refined American comfort food, will be located at the newly renovated center at the intersection of Preston and Campbell Roads in Dallas. Leon Capital Group purchased the 180,000-square-foot shopping center 18 months ago and began renovations to the property nine months ago.
Crossroads Diner currently serves more than 160,000 customers annually at its location on Walnut Hill Lane near Texas Health Presbyterian Hospital, and will move into its new 7,000-square-foot space in January.
“This highly visible location provides us an excellent opportunity to expand our brand in the Dallas market,” said Tom Fleming, founder and chef of Crossroads. “The demographics of the surrounding area align perfectly with our customer base, so we expect this NEW location to become a neighborhood favorite very quickly.”
Crossroads Diner is the latest business to sign on as a tenant in the shopping center, but will not be the last; Leon Capital is in talks with multiple other tenants that will contribute to the vitality and success of this development.
“We anticipate this development will yield high returns, providing this underserved area in Dallas with in-demand goods and services,” said Andrew Wiley, leasing associate for Leon Capital Group. “Our goal is to cater directly to the specific needs of the surrounding community and create a retail destination that is vibrant and appealing.”
About Leon Capital Group
Leon Capital Group is a high-performing investment company with a focus on real estate. We acquire and develop assets across a diversified portfolio that yields superior returns to our investors. With a focus on multi-family, retail, and self-storage properties, we have successfully overseen more than 200 investments, representing a total capitalization of more than $2 billion. Based in Dallas, we have a vision of redefining real estate investing and transforming communities throughout the U.S. and around the globe. To learn more, visit www.leoncapitalgroup.com.