In The Press

TREK Investment Group Sells Former TGI Friday’s in Tyler, TX

TREK Investment Group is pleased to announce the sale of the former TGI Friday’s in Tyler, TX. Parker Carroll, CCIM represented the seller in the disposition of the 5,946 square foot building situated on…


TREK Investment Group Sells Dairy Queen in Hereford, TX

TREK Investment Group is pleased to announce the sale of Dairy Queen in Hereford, TX. Parker Carroll, CCIM and Ethan Offenbecher, CCIM represented the seller in the disposition of the 2,108 square foot…


TREK Investment Group Sells Office Depot in Marble Falls, TX

TREK Investment Group is pleased to announce the sale of Office Depot in Marble Falls, Texas. Ethan Offenbecher, CCIM represented a private investor in the acquisition of the asset…


TREK Investment Group Sells Tropical Smoothie Cafe in San Angelo, TX

TREK Investment Group is pleased to announce the sale of Tropical Smoothie Café in San Angelo, TX. Parker Carroll, CCIM represented the seller in the disposition of the 2,075 square foot…


TREK Investment Group Sells Stonegate Shopping Center in Plainview, TX

TREK Investment Group is pleased to announce the sale of Stonegate Shopping Center in Plainview, TX. The TREK Investment Group team represented both the seller in the disposition, as well as the buyer in the acquisition of the 100% leased …


TREK Investment Group Sells Belmar Office Complex in Amarillo, TX

TREK Investment Group is pleased to announce the sale Belmar Office Complex in Amarillo, TX. The TREK Investment Group team represented the seller in the disposition of the 100% leased …


TREK Investment Group Sells McAlister’s Deli in Tyler, TX

TREK Investment Group is pleased to announce the sale of McAlister’s Deli in Tyler, TX. Parker Carroll, CCIM and Jason Hellberg represented the buyer in the acquisition of the new 20-year sale-leaseback asset which featured …


TREK Investment Group Sells Sienna Professional Plaza in Missouri City, TX

TREK Investment Group is pleased to announce the sale of Sienna Professional Plaza in Missouri City, TX. Ethan Offenbecher, CCIM represented the seller in the disposition of the asset…


TREK Investment Group Sells Mercantil Bank in Houston, TX

TREK Investment Group is pleased to announce the sale of Mercantil Bank in Houston, TX. Ethan Offenbecher, CCIM represented the buyer, a private investor…


TREK Investment Group Sells Potbelly & Urban Bricks in Killeen, TX

TREK Investment Group is pleased to announce the sale of Potbelly & Urban Bricks in Killeen, TX. Parker Carroll, CCIM and Jason Hellberg represented the buyer in the acquisition of the 100% occupied, 5,049 square foot…


TREK Investment Group Sells Integrated Advantage Group in Ennis, TX

TREK Investment Group is pleased to announce the sale of Integrated Advantage Group in Ennis, TX. Parker Carroll, CCIM represented the seller in the disposition of the recently renovated, 143,596sf…


TREK Investment Group Sells North 1st Street Center in Abilene, TX

TREK Investment Group is pleased to announce the sale of North 1st Street Center in Abilene, TX. The TREK Investment Group Team represented the seller in the disposition of the 49,940 square foot multi-tenant…


TREK Investment Group Sells Jack in the Box in Royse City, TX

TREK Investment Group is pleased to announce the sale of Jack in the Box in Royse City, TX. Parker Carroll, CCIM represented the seller in the disposition of the property which featured an absolute NNN lease with corporate guarantee…


TREK Investment Group Sells Family Dollar in Fort Worth, TX

TREK Investment Group is pleased to announce the sale of Family Dollar in Fort Worth, TX. Parker Carroll, CCIM represented the seller in the disposition of the 8,320 square foot retail store. This property offered its investor a brand new 2018 construction…


TREK Investment Group Sells Batteries + Bulbs in Pharr, TX

TREK Investment Group is pleased to announce the sale of Batteries + Bulbs in Pharr, TX. Ethan Offenbecher, CCIM represented the seller in the disposition of the 4,500 square foot property…


TREK Investment Group Offers New Texas Retail Occupancy Report

TREK Investment Group is pleased to offer retail vacancy percentages for all major metropolitan areas within Texas. This report is designed to provide our clients with the most up-to-date vacancy percentages in order to make informed, proactive decisions on the quest to reach their investment objectives…


TREK Investment Group Sells Taylor Crossing One in Taylor, TX

TREK Investment Group is pleased to announce the sale of Taylor Crossing One in Taylor, TX. Parker Carroll, CCIM represented the seller in the disposition of the 6,500 square foot Walmart anchored strip center…


TREK Investment Group Sells Shops at Cumberland in Tyler, TX

TREK Investment Group is pleased to announce the sale of Shops at Cumberland in Tyler, TX. The team at TREK Investment Group represented the seller in the disposition of the 17,035 square foot multi-tenant retail center…


TREK Investment Group Sells Tech Ridge Center in Austin, TX

TREK Investment Group is pleased to announce the sale of Tech Ridge Center in Austin, TX. Parker Carroll, CCIM represented the buyer in the acquisition of the 8,200 square foot, 3-tenant strip center which is 100% leased by Orange Theory Fitness, Smoothie King, and Mattress One.


TREK Investment Group Sells Circle K in Pharr, TX

TREK Investment Group is pleased to announce the sale of Circle K in Pharr, TX. Ethan Offenbecher, CCIM represented the buyer in the acquisition of this absolute NNN national brand gas and convenience store.


TREK Investment Group Sells Family Dollar in Bouse, AZ

TREK Investment Group is pleased to announce the sale of Family Dollar in Bouse, AZ. Ethan Offenbecher, CCIM represented the buyer in the acquisition of the newly constructed 8,320 square foot property which offered a long term absolute NNN lease with corporate guarantee. The lease also featured six 5-year options with CPI increases every 3 years.


How Dollar General Became Rural America’s Store of Choice

EVENSVILLE, Tenn.—The local Dollar General store, built on a rural highway and surrounded by farmland, sells no fresh meat, greens or fruit. Yet the 7,400-square-foot steel-sided store has most of what Eddie Watson needs. The selection echoes a suburban drugstore chain, from shower curtains to breakfast cereal, toilet paper, plastic toys and camouflage-pattern socks…


CVS to Buy Aetna for $69 Billion

CVS Health Corp. agreed to buy Aetna Inc. for about $69 billion in cash and stock in a move to transform the pharmacy company and capture more of what consumers spend on health care.​ Aetna stockholders are to receive $207 per share—$145 in cash and 0.8378 of a CVS share, or $62, in stock, the companies announced Sunday…


TREK Investment Group Sells Dollar General in Colorado City, Texas

TREK Investment Group is pleased to announce the sale of Dollar General in Colorado City, TX. Ethan Offenbecher, CCIM represented the seller in the disposition of the 9,100 square foot property which offered a corporate guarantee lease with over 7 years remaining on the primary 15-year lease and a rare…

TREK Investment Group Sells Fleetwood Shopping Center in Amarillo, TX

TREK Investment Group is pleased to announce the sale of Fleetwood Shopping Center in Amarillo, TX. The team at TREK Investment Group represented the seller in the disposition of the 63,654 square foot, 89% leased shopping center which offered a redevelopment opportunity to investors.

TREK Investment Group Sells Briarwood Plaza in Midland, TX

TREK Investment Group is pleased to announce the sale of Briarwood Plaza in Midland, TX. The team at TREK Investment Group represented both the buyer in the acquisition as well as the seller in the disposition of the 22,052 square foot, Walmart shadowed shopping center…

TREK Investment Group Sells Little York Plaza in Houston, TX

TREK Investment Group is pleased to announce the sale of West Little York Plaza in Houston, TX. Ethan Offenbecher, CCIM represented both the buyer in the acquisition, as well as the seller in the disposition of the 14,500 square foot, multi-tenant shopping center…

TREK Investment Group Sells Breen Plaza in Houston, TX

TREK Investment Group is pleased to announce the sale of Breen Plaza in Houston, TX. Ethan Offenbecher, CCIM represented the seller in the disposition of the 20,000 square foot, multi-tenant shopping center located in Northwest Houston…

Outlet development booming in Texas

Texas claims the title for the state with the most outlet center development in 2017. Outlet center developers pegged Texas for three of the five properties opening nationally this year. The Lone Star State is posting healthy population and economic growth — its 3.9 percent gross domestic product performance bested the rest of the country in the first quarter, despite a slump…


TREK Investment Group Sells Dollar General in Jal, NM

TREK Investment Group is pleased to announce the sale of Dollar General in Jal, New Mexico. Ethan Offenbecher, CCIM represented the buyer, a private investor, in the acquisition of the newly constructed 9,100sf property which featured a long term NNN lease with 14 years remaining on the primary term and institutional-grade credit. Dollar General is a $22B company with over 13,000 locations.


TREK Investment Group Sells Jack in the Box in Houston, TX

TREK Investment Group is pleased to announce the sale of Jack in the Box in Houston, TX. Ethan Offenbecher, CCIM represented the seller in the disposition of the property which featured an Absolute NNN 15 year sale lease-back to a strong, 21 unit franchisor. The property sold for 97% of list price to an out of state 1031 buyer with a quick closing.


REITs say Amazon–Whole Foods merger will strengthen physical retail

Grocery-anchored shopping center REITs are confident that their portfolios can withstand any disruption arising from Amazon.com’s pending acquisition of Whole Foods. “Amazon’s announced purchase of Whole Foods reinforces our conviction that a well-located bricks-and-mortar presence that is convenient to the customer is a critical component to the success of any omni-channel…


Parker Carroll, CCIM Recognized in CIRE Magazine

TREK Investment Group is pleased to announce that Parker Carroll, CCIM was recently recognized in CIRE Magazine as a Featured Deal Maker. CIRE Magazine highlighted the recent $4.5 million sale of the 8,500sf Excel ER building in San Angelo, TX in which Parker represented the seller of. Congratulations, Parker!


TREK Investment Group Sells Harrison Crossing in Harlingen, TX

TREK Investment Group is pleased to announce the sale of Harrison Crossing in Harlingen, TX. Parker Carroll, CCIM represented the buyer in the acquisition of the 17,250 sf multi-tenant property, which featured staggered lease expiration dates and included renewal options with rent increases. This property also offered a diverse national tenant mix and a strong co-tenancy with Starbucks and Walgreens.


TREK Investment Group Sells Pond Springs Office in Austin, Texas

TREK Investment Group is pleased to announce the sale of Pond Springs Office in Austin, TX. Ethan Offenbecher, CCIM represented the buyer in the acquisition of the 12,722 square foot, multi-tenant office building located on SH 183/Research Blvd on the frontage road on the highway.  At the time of the sale, the building was 100% occupied with 9 tenants and the loan was secured through the TREK affiliate network with a great non-recourse loan on the property.


TREK Investment Group Sells Family Dollar in Sunray, Texas

TREK Investment Group is pleased to announce the sale of Family Dollar in Sunray, TX. Parker Carroll, CCIM represented the seller in the disposition of the property which featured a corporate lease guarantee with 6 years remaining on the primary term, and rent increases throughout each of the six 5-year option periods.


TREK Investment Group Sells Jack in the Box in Royse City, Texas

TREK Investment Group is pleased to announce the sale of Jack in the Box in Royse City, TX. Parker Carroll, CCIM represented both the buyer in the acquisition, as well as the seller in the disposition of the property which featured an absolute NNN lease with corporate guarantee and a scheduled rent increase in 2018.


TREK Investment Group Sells Dairy Queen in Longview, Texas

TREK Investment Group is pleased to announce the sale of Dairy Queen in Longview, TX. Parker Carroll, CCIM represented the seller in the disposition of the property which featured an absolute NNN lease with 16.5 years remaining on the primary term and rent increases throughout the primary lease as well as each option period.


TREK Investment Group Sells Coronado Shopping Center in Amarillo, Texas

TREK Investment Group is pleased to announce the sale of Coronado Shopping Center in Amarillo, TX. Parker Carroll, CCIM represented the buyer in the acquisition of the recently renovated, 48,176 square foot multi-tenant shopping center.


TREK Investment Group Sells Family Dollar in Pampa, Texas

TREK Investment Group is pleased to announce the sale of Family Dollar in Pampa, TX. Parker Carroll, CCIM represented the buyer in the acquisition of the 2015 construction property, featuring a 10-year absolute NNN corporate guarantee lease with options to renew.


TREK Investment Group Sells North Fry Crossing in Cypress, Texas

TREK Investment Group is pleased to announce the sale of North Fry Crossing in Cypress, Texas. Ethan Offenbecher, CCIM represented the seller in the disposition of the 17,757 square foot multi-tenant shopping center which featured tremendous upside potential with under market rents and fixed rent increases during the primary term.


Dollar General Plans to add 1,000 New Stores

Tennessee-based Dollar General Corp. (NYSE: DG) intends to open 1,000 new stores in states where it does business, including Georgia, plus two new distribution centers…


TREK Investment Group Sells State of Texas Building in Abilene, Texas

TREK Investment Group is pleased to announce the sale of the State of Texas Building in Abilene, Texas. Parker Carroll, CCIM and Ethan Offenbecher, CCIM represented the seller in the disposition of the 89,545 sf office building which featured Gross Leases guaranteed by the State of Texas.


TREK Investment Group sells McAlister’s Deli in Abilene, Texas

TREK Investment Group is pleased to announce the sale of McAlister’s Deli in Abilene, Texas. Ethan Offenbecher, CCIM represented the buyer in the acquisition of the property which included an absolute NNN 15-year lease with rent increases in both the primary as well as the two, 5-year lease options.


Excel ER

TREK Investment Group sells Excel ER in San Angelo, Texas

TREK Investment Group is pleased to announce the sale of Excel ER in San Angelo, TX. Parker Carroll, CCIM represented the seller in the disposition of the brand new 2016 construction property, featuring a 10-year NNN lease with rent increases and options to renew.


Dollar General

TREK Investment Group sells 2 unit Dollar General Portfolio in TX

TREK  Investment Group is pleased to announce the sale of 2 Dollar General properties in Rosharon and China, Texas. The properties are NN investment with zero landlord responsibilities and 14 years remaining term plus options to renew. Ethan Offenbecher, CCIM represented the buyer in the acquisition of the property.


United Rentals

TREK Investment Group sells United Rentals in Marble Falls (Austin MSA) TX

TREK Investment Group is pleased to announce the sale of the United Rentals in Marble Falls, Texas in the Austin MSA for record low CAP rate. The property is an absolute NNN investment with zero landlord responsibilities, periodic rent escalations and and 6 years remaining term plus options to renew. Ethan Offenbecher, CCIM represented the seller and the buyer in the disposition of the property.


TREK Investment Group Announces Company Launch – Headquartered in Austin, Texas

We are pleased to announce the official launch of TREK Investment Group, a commercial real estate investment brokerage firm specializing exclusively in leased investments and shopping center sales throughout the United States. Headquartered in Austin, Texas, TREK Investment Group is led by investment sales veteran, Parker Carroll. The team at TREK Investment Group brings over 40 years of commercial real estate experience under one platform. TREK Investment Group invites you to browse their new website and follow them on social media.


Red Lobster

TREK Investment Group sells Red Lobster in Katy, Texas

TREK Investment Group for is pleased to announce the sale of Red Lobster in Katy, Texas. This property is an absolute NNN lease with a corporate guarantee. There are 23 years remaining on the primary 25-year lease term, with rent increases throughout the primary lease as well as lease options. Parker Carroll, CCIM represented the buyer in the acquisition of the property.


 

IHOP

TREK Investment Group sells IHOP in Midland, Texas

TREK Investment Group is pleased to announce the sale of IHOP in Midland, Texas. This property is an absolute NNN investment with zero landlord responsibilities. The lease includes annual increases in the primary rent term as well as the option periods. Parker Carroll, CCIM represented the seller in the disposition of the property.


Dairy Queen

TREK Investment Group sells Dairy Queen in Cleveland, Texas

TREK Investment Group is pleased to announce the sale of Dairy Queen in Cleveland, Texas. Parker Carroll, CCIM represented the seller in the disposition of the absolute NNN lease. This property was part a seven unit Dairy Queen portfolio with all units encompassed under one master lease with the ability to spin off assets on an individual basis. There were 19 years remaining on the primary 20-year lease term with annual rent increases throughout the primary lease and lease options.


Verizon

TREK Investment Group sells Verizon Wireless in League City, Texas

TREK Investment Group is pleased to announce the sale of Verizon Wireless in League City, Texas. Ethan Offenbecher, CCIM represented the seller in the disposition of the brand new, 10 year absolute NNN lease.


Jack In The Box

TREK Investment Group sells Jack in the Box in Kingwood, Texas

TREK Investment Group is pleased to announce the sale of Jack in the Box in Kingwood, Texas. Parker Carroll, CCIM represented the seller in the disposition of the absolute NNN lease with a corporate guaranty and options to renew with rent increases in each option period.