SOLD
Highland Capital Acquires 195,575-Square-Foot Retail Center In Houston
10705-10951 Jones Road
Retail
195,575 SF
195,575 SF
Sold 359 days ago
Summary
Sale
TEXAS
Retail
195,575 sqft
The sale of Steeplechase Center, a retail center located at 10705-10951 Jones Road in Northwest Houston, has been successfully concluded. The property spans 195,575 square feet and is known for its diverse tenant lineup, attracting buyer demand. Highland Capital, a prominent investor, acquired the retail center from Jones 1960 Crossroads, LLC.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not available
- Address: 10705-10951 Jones Road
- Market: Houston
- Size: 195,575 square feet
JLL Capital Markets facilitated the deal as the broker for both parties. The buyer, Highland Capital, recognized the potential for lease-up and rental rate upside in the center's tenant lineup, further driving their interest in the property.
Note: No additional information regarding the transaction was provided.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Ryan West & John Indelli
DATE: 05/15/2023
ADDRESS: 10705-10951 Jones Road
MARKET: Houston
ASSET TYPE: Retail ~ SF: 195,575
BUYER: Highland Capital
SELLER: Jones 1960 Crossroads, LLC
BROKERS: John Indelli (@Indelli_Tx_CRE) & Ryan West - JLL (@JLL)
NOTE: JLL Capital Markets has successfully concluded the sale of Steeplechase Center, a 195,575-square-foot retail center in Northwest Houston. The property, which houses various national tenants, was acquired by Highland Capital, with buyer demand driven by the center's tenant lineup and potential for lease-up and rental rate upside.View on map
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Address10705-10951 Jones Road
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