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August 27, 2007
CENCOR ANNOUNCES PLANS FOR ANGEL & EXCHANGE PROJECT ALLEN—Cencor Realty Services is under way with plans for Angel & Exchange, a multiple-use project at the northeast corner of Angel Parkway and the proposed Exchange Parkway. The development is being coordinated by Jared Caplan, vice president-development with Cencor, and David Palmer, Cencor executive vice president. Angel & Exchange is designed to incorporate approximately 21,500 square feet of retail of multi-tenant retail and freestanding restaurant space, a 9,600-square-foot upscale daycare center and 8,800 square feet of multi-tenant office space. In addition, Chase Bank occupies a freestanding location at Angel & Exchange. Cencor’s brokerage affiliate, The Weitzman Group, handles leasing at Angel & Exchange under the direction of David Schnitzer, Marshall Ballard and Ryan Richardson. The project benefits from its location at a high-traffic intersection in the midst of a rapidly growing population. From 1990 to 2000, the population within a one-mile intersection of the radius grew by 121.3 percent. The population within the two-mile radius grew by 69.1 percent, and the population within the three-mile radius grew by 79.9 percent. The Allen project is scheduled for completion in 2008 . .
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