(McAllen, TX) Shawn Ackerman, President of the Henry S. Miller Brokerage Houston, TX office represented Fallas Borrower III, LLC, Landlord, in the lease transaction with DMALF McAllen, LLC DBA Planet Fitness, represented by Brad Gibbs with SRS Real Estate Partners. Planet Fitness signed a lease for 20,000 square feet at 1700 S. 23rd, McAllen, TX.

About Shawn Ackerman

As President and Managing Member of Henry S. Miller Brokerage in Houston, Shawn Ackerman specializes in retail leasing and investment sales. Over the course of more than 25 years in real estate, Mr. Ackerman has been responsible for project leasing over 4.5 million square feet of shopping centers, 500+ tenant representation leasing assignments totaling more than 1,500 leases, and 40 sale transactions. He graduated from the University of Texas at Austin with a Bachelor Degree in Finance.

About Henry S. Miller

Henry S. Miller Cos. is one of the largest independent full service commercial real estate firms in Texas. Our corporate office is based in Dallas and regional offices are located in Fort Worth, Houston and San Antonio. Established in 1914 by Henry S. Miller Sr., it is one of the most respected companies in Texas with a reputation for service and integrity. For more than 100 years the Henry S. Miller family of companies has provided a complete array of commercial real estate services for both sophisticated investors and those in need of brokerage, property management, financial, development and appraisal services. Our mission is to offer exemplary service and innovation centered on a diverse work force dedicated to achieving real measurable results and long-term business relationships.

The conceptual master plan for Monarch Ridge, a 309-plus-acre community on Texas 71 in the extraterritorial jurisdiction of Horseshoe Bay.

(MARBLE FALLS, TX) — Monarch Ridge, a master-planned, 309-plus-acre community on Texas 71, was welcomed to the Texas Hill Country by the Horseshoe Bay City Council, which approved the development at a meeting Tuesday, Aug. 30. The first large development in Horseshoe Bay in years, Monarch Ridge is the work of Houston-based Aqu Capital. Headed by President Srinivasa Gogineni of Houston, the company has years of
experience in the industry.

With wide-open views of the Hill Country and Lake LBJ, Monarch Ridge has devoted over 43 acres to open space. Amenities include a vast network of walking trails; a six-hole, par-3 Heritage Golf Garden; a 5-acre amenity
center; and numerous parks and water features — all designed to complement and enhance the surrounding countryside.

Site plans include 45- and 55-foot garden home/casita lots and one-half-acre estate home lots, along with 15 acres zoned neighborhood commercial.

It is ideally situated between Horseshoe Bay and Baylor Scott & White Medical Center-Marble Falls and offers easy access to Austin, just a short drive east on Texas 71, and to San Antonio, a quick trip south on U.S. 281.

“Monarch Ridge is well positioned for easy country living with the ease of commuting,” Gogineni said. “I thought this would be the perfect location to bring to life a community I can also call my home.”

Based out of the Houston area, the developers are working closely with local land planner Roy Bechtol of Planned Environments LLC and local engineer Tony Plumlee of Willis Engineering. Rounding out the team are
Prabha Cinclair with Miklos Cinclair PLLC as development counsel and Patrick Bourne of Sundance Analytics as PID consultant. Zina Rodenbeck with Zina & Co. Real Estate of Marble Falls is the chosen real estate broker. The approved builder list is in the development stages as Builders are currently being interviewed. For additional information, contact Zina Rodenbeck directly at 830-265-0310.