Brixmor Property Group Acquires Vintage Marketplace Retail Center In Houston For Undisclosed Amount
Texas
See Similar DealsBrixmor Property Group Acquires Vintage Marketplace Retail Center In Houston For Undisclosed Amount
10133 Louetta Road
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The transaction involved a retail asset located at 10133 Louetta Road in Houston, TX. The property encompasses 72,184 square feet and is grocery-anchored, featuring Whole Foods Market as its primary tenant. This shopping center is currently 94.4% leased and sees more than 2.1 million annual visits, making it a significant destination in the Louetta submarket.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 10133 Louetta Road
- Market: Houston, TX
- Asset Size: 72,184 SF
- Buyer: Brian Finnegan - Brixmor Property Group
- Seller: Read King
- Brokers: Ryan West, Chris Gerard & Erin Lazarus - JLL
The acquisition was made by Brian Finnegan representing Brixmor Property Group from the developer Read King. The property is strategically positioned as the only Whole Foods-serving center within its immediate trade area, contributing to its robust foot traffic and leasing capacity.
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