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TRADER JOE’S LEASES NORTH DALLAS LOCATION

NEWS RELEASE —  AUGUST 13, 2015 Dallas, TX —Trader Joe's Specialty Grocer has leased 12,500 square feet in the Preston Alexis addition to Pepper Square Shopping Center at Preston Road and Alexis Drive in North Dallas. Trader Joe's is considered the leading specialty grocer chain in North America, privately held, the chain entered the Dallas/Ft. Worth market in 2013 and has 6 stores. Vaughn Miller, President & CEO of VCM Development Group secured the lease and worked in cooperation with Henry Miller IV and Daniel Harris of HSM Brokerage on behalf of the landlord; and with Kevin Deighan of Timberline Real Estate representing the tenant.  According to Vaughn Miller this was one of the last deals he did with his father Vance C. Miller, "my father was really pleased that I brought this deal in, it was one of the last deals he and I did together before he died." The deal was negotiated in 2013 but it took months to relocate tenants and satisfy contingencies. The store is slated to open late 2015.
The Preston Alexis addition was developed in 2001 by Vaughn Miller and his father Vance C. Miller, after they successfully re-developed the neighboring Pepper Square Shopping Center at Preston Rd and Beltline Road. The intersection is one of the busiest in North Dallas and long considered a major retail corner.
VCM Development is Dallas-based diversified real estate development, investment and brokerage company founded by Vaughn E. Miller, oldest surviving son of Dallas real estate legend, Vance C. Miller and grandson of Texas ICON Henry S. Miller Jr.

For More Information Contact:

Rachel Broderick Vaughn Miller
Media Relations President & CEO
Trader Joe's VCM Development Group
rbroderick@traderjoes.com vaughn@vcmdevelopment.com
(626) 599-2843 (214) 390-3444

 

vancecmillerwasthegreateastfatherandleaderthedallasrealestatecommunityeverhadwehonorhimhere