The property asset involved in this transaction is Briar Forest Plaza, a fully leased class A retail project located at 13346 Briar Forest Dr, Houston, TX. The center encompasses a total square footage of 11,981 and is situated on 1.19 acres. Notably, it has remained fully leased since its construction in 2005 and is positioned strategically within the Energy Corridor, adjacent to major residential developments and a Kroger Signature-anchored project across the street.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 13346 Briar Forest Dr, Houston, TX
• Buyer: Beyond Investments LLC
• Seller: F6 Properties Ltd
• Buyer's Representative: Dakota Workman-New Quest Properties
• Seller's Representative: Kelley Workman-New Quest Properties
• Market Area: Houston
• Square Footage: 11,981
• Project Tenancy: Seven tenants with long-term leases
• Construction Year: 2005
• Land Area: 1.19 acres
• Location Highlights: Shadow-anchored by LA Fitness, near major corporate headquarters

This transaction involved key representatives such as Dakota Workman and Kelley Workman from New Quest Properties, who facilitated the sale on behalf of the buyer, Beyond Investments LLC, and the seller, F6 Properties Ltd, respectively. The buyer secured the deal at the contracted price without any re-trading, reflecting the transaction's strength and stability. Prior to the closing, tenants Russo’s New York Pizzeria and Tulipo Nails reaffirmed their commitment with extended leases, contributing to the project's stability.