Chris Creed Of ShopOne Centers And Kathryn Leaf Of Pantheon Acquire Retail Property In Houston
11601 South Sam Houston Parkway East
Building Size
—
Asset Type
Retail
Closing
Jan 6, 2026
AI
The property asset involved in this transaction is a 114,099-SF retail property located at 11601 South Sam Houston Parkway East in Houston. The property is part of the Beltway South, anchored by a renovated Kroger and supported by both national and regional tenants, serving over 110,000 residents within three miles.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 11601 South Sam Houston Parkway East
- Market: Houston
- Buyer: Chris Creed - ShopOne Centers; Kathryn Leaf - Pantheon
ShopOne Centers, in collaboration with joint venture partners Pantheon and a global institutional investor, has made this acquisition, marking ShopOne’s first investment in Texas. This addition expands ShopOne's portfolio to 23 grocery-anchored centers, enhancing its footprint in high-growth U.S. markets.
Players
Houston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93