The Shops at Broad recently announced the addition of five premier national restaurants including Portillo's, Outback Steakhouse, Carrabba's Italian Grill, Boomer Jack's Grill and Chuy’s. These new arrivals bring even more retail variety to Mansfield and the surrounding community, making The Shops at Broad a go-to dining and shopping destination.
The Shops at Broad is at the corner of U.S. 287 and East Broad Street, sitting across from where grocer H-E-B is planning its first store in Tarrant County. One of the highly anticipated newcomers to the shopping center is Portillo's, famous for its iconic hot dogs, Italian beef sandwiches and chocolate cake shakes. This is the chain’s first location in Mansfield and sixth in North Texas.
“The addition of these well-known retailers not only enhances the retail selection available at The Shops at Broad but also represents a significant investment in the local economy, with new job opportunities for the community,” said John Hutchinson, Co-CEO and global head of origination at Trez Capital, which currently owns the development. “We remain committed to increasing business at the center and these five new, high-quality tenants continue to fuel our progress after acquiring the property at the beginning of 2023.”
The city of Mansfield recognizes the importance of the shopping center as an economic driver for the city and as a result, has been instrumental in identifying potential new tenants as well as helping expedite the permitting process. Michael Evans, mayor of Mansfield, the city council and Jason Moore, executive director of Mansfield Economic Development Corporation, have been strong proponents of the revitalized property, and most recently helped with the opening of the new Flix Brewhouse, the world’s first-run cinema brewery. Flix Brewhouse signed a 15-year lease with The Shops at Broad for a nearly 40,000-square-foot facility. The luxury theatre opened in September of 2023.
“Our economic development efforts in Mansfield include the recruitment of next-level, destination-style restaurants and retail. Since Trez Capital has taken over the development, with great work from Sam Kartalis and John Weber, we have seen tremendous activity with those companies who aim to deliver remarkable experiences for our citizens. We are very proud to work with them on these efforts and congratulate them on their success,” said Moore.
Co-asset managers of the property, Sam Kartalis with Younger Partners, and John R. Weber with Weber & Company, have successfully negotiated the leases for The Shops at Broad and have generated new leasing momentum for the center. Kartalis and Weber are actively negotiating leases with other local and regional brands to fill the remaining spaces of the center. Younger Partners Property Services, LLC was hired to manage the property and Benjamin Smith will serve as property manager.
“With the addition of these new national tenants, The Shops at Broad continues to raise the bar in offering a diverse array of shopping experiences,” said Kartalis. “The caliber of these select retailers is contributing to the reincarnation of The Shops at Broad, a big enhancement from what the city initially expected from the prior developer.”
The new tenants are slated to open just in time for the holiday season of 2024 with more anchor tenants to be announced soon.
Mansfield, Texas, is a booming city, nestled between Fort Worth and Dallas, but with a personality all its own. The city’s 76,247 citizens enjoy an award-winning school district, vibrant economy, historic downtown, prize-winning park system and community focus spread across 37 square miles. The Mansfield Record is dedicated to reporting city and school news, community happenings, police and fire news, business, food and restaurants, parks and recreation, library, historical archives and special events. The city’s only online newspaper launched in September 2020 and will offer introductory advertising rates for the first three months at three different rates.