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Whitestone REIT Acquires Restaurant-Anchored World Cup Plaza In Frisco, Texas; Terms Undisclosed

Benzinga·11/07/2025 12:11:23
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Center located adjacent to the 21,000-seat Toyota Stadium that attracts more than 1.4 million visitors annually and will serve as a base camp for the 2026 FIFA World Cup

Property strategically situated at the busiest intersection north of 121 and the North Dallas Tollway (~135,000 VPD)

Solidifies Whitestone's presence in the highly affluent, rapidly growing Dallas submarket

HOUSTON, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR), a neighborhood-focused owner and operator of open-air shopping centers in Texas and Arizona, today announced it has acquired the restaurant-anchored World Cup Plaza in Frisco, Texas, a highly affluent submarket of Dallas. The center is strategically located adjacent to the home of FC Dallas: Toyota Stadium, a 21,000-seat stadium currently undergoing a $182 million renovation designed to enhance the fan experience. The stadium, which attracts more than 1.4 million visitors annually, will serve as an official World Cup Team Base Camp, allowing participating teams to utilize the state-of-the-art facility to train before games.

The 90,391 square-foot World Cup Plaza, situated at the northeast corner of main street and Dallas North Tollway – the busiest intersection north of 121 and North Dallas Tollway (approximately 135,000 vehicles per day) – sits across the street from Frisco Square, a 147-acre pedestrian-friendly, mixed-use development that features 1.5 million square feet of office space and 1,400 apartments. Nearby Memorial and Wakeland High Schools drive repeat, dependable traffic to the center.