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PRIMROSE SCHOOLS TO ANCHOR WEST FRISCO DEVELOPMENT 

NEWS RELEASE —  JUNE 25, 2015 Dallas, TX —                 VCM DEVELOPMENT has sold an 119,868 square foot site in Frisco, Texas to Primrose Schools.  The site is located at the northeast corner of Main Street & Teel Parkway in West Frisco.  Primrose will anchor VCM Development’s Teel Crossing I shopping center development.  Vaughn Miller, President & CEO of VCM Development Group represented the seller and David Shelton of CBRE / UCR represented Primrose.  VCM is developing a 20,020 square foot retail center adjacent to Primrose on the tract which was acquired in 2014 by the VCM Commercial Real Fund.  According to Vaughn Miller, President of VCM Development, “we’re excited to have Primrose schools anchor our development; they are one of the leaders in educational child care and will be a great addition to West Frisco.”  $3.8 million of project financing for the VCM shopping center development was provided by BB&T bank and arranged by Scott Lynn and Brandon Wilhite Metropolitan Capital Advisors. “Teel Crossing’s location near Frisco’s $5 Billion dollar mile and the tremendous growth in the market, combined with Vaughn Miller’s retail experience, were compelling factors in securing financing for the project,” according to Brandon Wilhite of Met Capital..

Primrose School of West Frisco

Teel Crossing Shopping Center

 
VCM Development Group LLC is a Dallas-based diversified real estate investment and development company, founded in 2013 by Vaughn Miller, oldest surviving son of Dallas real estate legend Vance C. Miller and grandson of Texas Icon, Henry S. Miller Jr. 
 
 
 
 
 
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