Wednesday, January 11, 2017

Rockwall Lakeside Harbor Development Sold

En Fuego.

Many say that En Fuego is the cornerstone of The Harbor retail and entertainment development in Rockwall, TX.  The lake, the expensive boats, the best cigar lounge east of Murphy... and a lot of vacant stores.

That's what I remember.

Well, according to Steve Brown, Real Estate Editor at the Dallas MorningNews, Dallas-based PegasusAblon ​​has bought The Harbor development on Lake Ray Hubbard with plans to upgrade the property.

The purchase includes the 130,000-sf retail and restaurant portion as well as land for future ​construction.  The retail development at 2125 Summer Lee Dr., which includes a Cinemark Theater, is about 80 percent leased.

I hope it's a boost to The Harbor.  En Fuego can only do so much... or maybe they can do it all?