Marcus & Millichap Sells Shoppes At Kingsgate Retail Center In Kingwood, Houston With Buyer's Rep Chris Gainey & Philip Levy | 1113-1387 Kingwood Drive | Philip Levy, Chris Gainey | Retail | Sale

Summary

Sale

TEXAS

Retail

312,686 sqft

The Shoppes at Kingsgate, a 156,343-square-foot grocery-anchored retail center in Kingwood, Northeast Houston, has been sold by Marcus & Millichap. The property, located at 1113-1387 Kingwood Drive, was 95% occupied at the time of the sale and is anchored by Aldi.

Summary of transaction details

Property Type: Retail
Transaction Amount: Not mentioned
Address: 1113-1387 Kingwood Drive
Market: Houston
Square Footage: 156,343

Representing the seller in this transaction were Chris Gainey and Philip Levy from Marcus & Millichap. They successfully closed the deal for the Shoppes at Kingsgate.

Players

All
3

Agents
2
Agencies
1

Philip Levy

Senior Managing Director Investments

$2.7M Sold

Chris Gainey

First Vice President Investments

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Chris Gainey & Philip Levy DATE: 11/15/2023 ADDRESS: 1113-1387 Kingwood Drive MARKET: Houston ASSET TYPE: Retail ~ SF: 156,343 BROKERS: Chris Gainey & Philip Levy - Marcus & Millichap (@MarcusMillichapinc) NOTE: Marcus & Millichap has sold Shoppes at Kingsgate, a 156,343-square-foot grocery-anchored retail center in Kingwood, Northeast Houston. The property, anchored by Aldi, was 95% occupied at the time of the sale, with Philip Levy and Chris Gainey representing the seller.

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Address1113-1387 Kingwood Drive

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