CBRE Selected to Market 77-Acre Site of Previously Planned Lesso Mall in Frisco

02 Dec 2021

Lesso-Mall-Land-Site

CBRE has been selected to market 76.86 acres of land for mixed-use development near the corner of US-380 and Dallas North Tollway in Frisco, Texas.

CBRE’s Marty Neilon and Carter Kendall are marketing the property on behalf of the owner, Lesso Mall.

The site was the planned location for Lesso Mall, a mixed-use development with retail, office, hotel and multifamily space, until those plans were altered in 2020. The property is adjacent to several high-profile planned and active developments, including PGA of America’s headquarters, Omni Resort & Conference Facility, The Fields, and the Link, representing billions of dollars in nearby investments.

“This is a rare opportunity for investors who are looking for key positions in top national growth markets like Frisco,” said Marty Neilon, senior vice president with CBRE Land Services Group. “This property is located in one of the most important long-term development concentrations in our market.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.