Nick Dhanani Of Dhanani Private Equity Group Acquires Sugar Park Plaza Retail Center In Houston

The asset involved in the transaction is a retail center known as Sugar Park Plaza, located at 11824-11930 Wilcrest Drive in Houston. This fully leased property encompasses 95,000 square feet and was renovated in 2016, featuring 16 long-term tenants which include Marshalls, Skechers, and Chase Bank.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Square Footage: 95,000
• Address: 11824-11930 Wilcrest Drive
• Market: Houston
• Buyer: Nick Dhanani - Dhanani Private Equity Group

Nick Dhanani, representing Dhanani Private Equity Group, was the key individual in this acquisition. The group successfully acquired Sugar Park Plaza, enhancing its portfolio within the retail sector through this transaction.