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Barnes & Noble Leases at Preston Royal

DALLAS, TX - December 13, 2004 -- Barnes & Noble has leased 25,628 square feet of retail space at Preston Royal Village at the northwest corner of Preston Road and Royal Lane .  This space is the former Lester Melnick store and will be completely renovated for Barnes & Noble and includes a second story addition.  This is the largest single lease signed in the property since the Miller family developed it in 1958.  Henry S. Miller IV, Vice President of the Retail Division of Henry S. Miller Commercial handled the transaction in cooperation with Tony Filley of Princeton Partners.  View Preston Royal leasing information here.

Preston Royal Village has provided a premier retail shopping experience for residents of north Dallas since 1958. Centrally located in Dallas and nestled in the Preston Hollow neighborhood, one of Dallas ' most preferred addresses, Preston Royal Village has 236,000 square feet of retail space and 11,600 square feet of office spaces on 16 acres.

The northwest side of the center was developed by Henry S. Miller and Trammell Crow in 1958. The architect was Harold Berry and the Contractor was McFadden and Miller. They originally named the property Preston Royal Village to distinguish it from the shopping center across the street.

In 1965, Miller and Crow acquired the northeast side, developed by George Mixon, Sr. and the entire area become known as Preston Royal Shopping Center . The idea to revive the original name of " Preston Royal Village " came up in a merchant's meeting as a "community-oriented" title which was more descriptive of the entire center.

When Preston Royal Village opened, North Dallas was not the shopping market it is today. There was only one other North Dallas retail strip north of Northwest Highway . By 1965, more than 60 outstanding stores, specialty shops, and service establishments had joined together to serve the people of North Dallas with one fully coordinated regional type shopping center on both sides of Preston Road, north of Royal Lane.

The space presently occupied by Blockbuster Video was originally developed as a Theatre in 1958 by McLendon Theatre chain, and was the first "Hard Top" theatre built in Dallas after WWII. The theatre was closed in 1995 and re-leased to Blockbuster for one of their 1st Dallas area stores. In Tom Thumb the current deli location was originally an ice cream store called "Sally B."

Through the years, Preston Royal Village has maintained a warm and friendly neighborhood atmosphere while offering an excellent mix of service tenants, specialty fashion and home design stores. It is an ideal neighborhood resource for everything from grocery, banking, and post office necessities to upscale fashion, beauty and restaurant amenities.

Today, Preston Royal Village is home to over 65 merchants, some long established, some new. Preston Royal Village 's strong reputation and identification in Dallas is due to Henry S. Miller’s personal commitment to maintaining a quality tenant mix while satisfying the needs of the community.

Henry S. Miller Commercial, founded in 1914, is Texas’ largest independent commercial real estate firm and a member of The Commercial Network, one of the largest affiliations of commercial real estate firms in the nation.