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VCM DEVELOPMENT RETAIL PORTFOLIO 100% LEASED

NEWS RELEASE--JUNE 9, 2017 -- Dallas, TX -- The VCM Development Group retail portfolio is 100% leased announced Vaughn Miller, President & CEO, "we've achieved 100% occupancy and long-term renewals on our retail centers, its a testament to the strength of the locations combined with great leasing." VCM Development re-vamped and upgraded Desoto Corners' tenancy, located at the hard corner of I-35E and Pleasant Run, by replacing a cash store with Grand Nail Bar a new  3,229 square foot high-end nail salon and signing long-term lease renewals with T-Mobile and Starbucks, both stores being some of the top performers in the market. Teel Crossing also recently achieved 100%, located in Frisco at the northeast corner of Main Street and Teel Parkway, with several exciting first-in-Texas stores including Hurts Donuts, Burn Boot Camp, The Coders School and One River Art & Design School. "Our philosophy is to develop and hold irreplaceable corners long-term" according to Miller, "our philosophy is achieve high occupancy and low debt, it's a simple philosophy that my grandfather Henry S. Miller believed in; pay down debt over time and cash flow goes up, upgrade tenancy when you have the opportunity and value goes up, ergo you'll have high value with low debt."

 
 
For more information contact:
 
Vaughn Miller, President, VCM Development Group LLC
214-390-3444
vaughn@vcmdevelopment.com
 
 
 

 

 
 
 
 
 
vancecmillerwasthegreateastfatherandleaderthedallasrealestatecommunityeverhadwehonorhimhere