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CIM Group Secures Long-Term Lease With Homesense At Northwoods Shopping Center

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LEASED

Texas

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Retail60,512 SF
Leased 06/07/2024
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Property Image
LEASED

CIM Group Secures Long-Term Lease With Homesense At Northwoods Shopping Center

US Highway 281 North & North Loop 1604 East

See Similar Deals
Retail60,512 SF
Leased 06/07/2024
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:60,512 SF
Transaction Type:Lease

The Northwoods Shopping Center at US Highway 281 North & North Loop 1604 East in San Antonio, boasting a sizable space of 30,256 square feet, has secured a long-term lease with Homesense, a retail concept from the parent company of HomeGoods, under the ownership of Shaul Kuba from CIM Group.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: US Highway 281 North & North Loop 1604 East
  • Market: San Antonio
  • Landlord: Shaul Kuba - CIM Group
  • Tenant: Homesense
  • Broker: Jeff Townsend - Rise Commercial Partners

Jeff Townsend from Rise Commercial Partners acted as the broker in facilitating the lease between CIM Group and Homesense at the Northwoods Shopping Center, a prime location offering a diverse mix of shops, eateries, and entertainment options for the surrounding community.

Players

Jeff Townsend
Rise Commercial Partners
Jeff Townsend
1 deal(512) 897-8999
BROKER

Details

LEASED
IMAGE: Shaul Kuba & Jeff Townsend DATE: 06/07/2024 ADDRESS: US Highway 281 North & North Loop 1604 East MARKET: San Antonio ASSET TYPE: Retail ~ SF: 30,256 LANDLORD: Shaul Kuba - CIM Group (@CIMGroup) TENANT: Homesense BROKER: Jeff Townsend - Rise Commercial Partners LEASE TERM: long-term NOTE: CIM Group has secured a long-term lease with Homesense, an expansive retail concept from the parent company of HomeGoods, for a sizable space within its Northwoods Shopping Center. Situated at a prime location, the center offers a diverse mix of shops, eateries, and entertainment options, catering to a broad community surrounding the area.

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Deal Type
Effective Rent (Annual)

$3,468,511.32

Total Lease Value

$34,685,113.24

Net Landlord Cash Flow$3,468,511.32